Cramer's 'Mad Money Lightning Round': Dynamic General

Stock quotes in this article: ASH , LIFC , ESI , AL , FWLT , NWS , LMT , GD , PNRA , SBUX , WFMI , HDI  

To see the most recent full "Mad Money" recap, please click here.


Here's what Jim Cramer had to say about some of the stocks that callers offered up during the "Mad Money Lightning Round" Tuesday evening:

Salesforce.com: "SellSellSell. The business has slowed and the margins aren't so good ... Stay away."

Ashland: "I don't know why anybody would possibly sell this company."

Career Education: "SellSellSell. ITT Educational is your play."

Alcoa: "I would suggest that you buy Alcan. I'm buying Alcan. I own it for my Action Alerts PLUS charitable trust."

Foster Wheeler: "I pulled the trigger just today for the charitable trust." Cramer said it is instrumental in the whole infrastructure play.

Lockheed Martin: "That stock is a powerhouse. Lockheed and General Dynamics are both two thumbs up ... way up."

Harley-Davidson: "The shorts are pressing it like they're pressing Foster, and they're wrong. I like the stock. I would stay with it."

Lightning Round

Cramer was bullish on Ashland (ASH Quote), LifeCell (LIFC Quote), ITT Educational (ESI Quote), Alcan (AL Quote), Foster Wheeler (FWLT Quote), News Corp. (NWS Quote), Lockheed Martin (LMT Quote), General Dynamics (GD Quote), Panera Bread (PNRA Quote), Starbucks (SBUX Quote), Whole Foods (WFMI Quote) and Harley-Davidson (HDI Quote).

Cramer was bearish on Salesforce.com (CRM Quote), Career Education (CECO Quote), Alcoa (AA Quote) and Marvel Entertainment (MVL Quote).

Want more Cramer? Check out Jim's rules and commandments for investing from his latest book by clicking here.

Here's your chance to pick the stock you'd like me to feature on my radio show July 13:
Analogic
Caterpillar
DJ Orthopedics
Freeport McMoRan
General Dynamics
Home Depot

REMEMBER to listen in on Thursday for my take on the stock that wins this poll!
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At time of publication, Cramer was long Alcan and Foster Wheeler.

Jim Cramer, host of the CNBC television program "Mad Money," is a Markets Commentator for TheStreet.com, Inc., and CNBC, and a director and co-founder of TheStreet.com. All opinions expressed by Mr. Cramer on Mad Money are his own and do not reflect the opinions of TheStreet.com or its affiliates, or CNBC, NBC UNIVERSAL or their parent company or affiliates. Mr. Cramer's opinions are based upon information he considers to be reliable, but neither TheStreet.com, nor CNBC, nor either of their affiliates and/or subsidiaries warrant its completeness or accuracy, and it should not be relied upon as such. Mr. Cramer's statements are based on his opinions at the time statements are made, and are subject to change without notice. No part of Mr. Cramer's compensation from CNBC or TheStreet.com is related to the specific opinions expressed by him on "Mad Money."

None of the information contained in "Mad Money" constitutes a recommendation by Mr. Cramer, TheStreet.com or CNBC that any particular security, portfolio of securities, transaction, or investment strategy is suitable for any specific person. You must make your own independent decisions regarding any security, portfolio of securities, transaction, or investment strategy mentioned on the program. Mr. Cramer's past results are not necessarily indicative of future performance. Neither Mr. Cramer, nor TheStreet.com, nor CNBC guarantees any specific outcome or profit, and you should be aware of the real risk of loss in following any strategy or investments discussed on the program. The strategy or investments discussed may fluctuate in price or value and you may get back less than you invested. Before acting on any information contained in the program, you should consider whether it is suitable for your particular circumstances and strongly consider seeking advice from your own financial or investment adviser.

Some of the stocks mentioned by Mr. Cramer on "Mad Money" are held in Mr. Cramer's Action Alerts PLUS Portfolio. The Action Alerts PLUS Portfolio contains all of Mr. Cramer's personal investments in publicly-traded equity securities only, and does not include any mutual fund holdings or other institutionally managed assets, private equity investments, or his holdings in TheStreet.com, Inc. Since March 2005, the Action Alerts PLUS Portfolio has been held by a Trust, the realized profits from which have been pledged to charity. Mr. Cramer retains full investment discretion with respect to all securities contained in the Trust. Mr. Cramer is subject to certain trading restrictions, and must hold all securities in the Action Alerts PLUS Portfolio for at least one month, and is not permitted to buy or sell any security he has spoken about on television or on his radio program for five days following the broadcast.

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