Cramer's 'Mad Money Lightning Round': Catch the Openwave
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Here's what Jim Cramer had to say about some of the stocks that callers offered up during the "Mad Money Lightning Round" Wednesday evening:
Helmerich & Payne: "All the contract drillers are under pressure. Take a look at Grey Wolf." But Cramer says that when the company reports, "it is going to be magnificent. Stay with it."Openwave Systems: "When you flip open your cell phone and press the wrong number, you get Openwave. ... I'm doubling down." Eagle Materials: "I think we overstayed our welcome. I don't want to be in there anymore. I give you Cemex." Agilent: "Did such a great job on the quarter last time. I think it can happen again." US Bancorp: "One expensive stock. ... If you want yield," then Cramer recommends Bank of America and Citigroup. Talisman: "One of the great drilling companies around the world. It's a bargain until it gets to 18. I would actually do a 'mon back* here." Rite Aid: "At 4.50, I think the stock can go to 6. It didn't give up a single point during the selloff." Cramer said to stick with it. Ford Motor: "That stock has not bottomed yet. I want you to stay away." Chesapeake Energy: "Buy Chesapeake at 29 bucks. I think the stock's going to 34." Taiwan Semiconductor: "I don't like semiconductors for yield. I like semiconductors for growth. ... I'm sending you to Qualcomm ... six straight times it has upped the estimates." Cramer owns Qualcomm for his
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