Cramer's 'Mad Money Lightning Round': Smith & Wesson Shoots for the Sky

Stock quotes in this article: SNE , GME , EL , SHLD , AUY , SWB , MO , WWE , LM , CAL  

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" Wednesday evening:

Sony: "Sony is probably two down, seven up. The guy's getting it together. I'm throwing you a bull."

Estee Lauder: "I would swap out of Avon and buy Estee."

Sears: "I think that's a buy in a bull or bear market. I want to buy Sears. I'm taking two thumbs up right here."

Newmont Mining: "Newmont Mining is not doing well, not mining more gold. May I suggest you sell Newmont and buy Yamana."

Smith & Wesson: "Smith & Wesson is not done going up. That stock is definitely going higher. Stay long."

World Wrestling Entertainment: "This and Martha Stewart Omnimedia are both 16 dollars. I think that WWE has momentum and Martha doesn't ... SellSellSell Martha. Buy WWE."

Continental Airlines: "Continental 31, goes to 36 ... Stick with Continental."

Lightning round

Cramer was bullish on Sony (SNE Quote), GameStop (GME Quote), Estee Lauder (EL Quote), Sears Holdings (SHLD Quote), Yamana (AUY Quote), Smith & Wesson (SWB Quote), Altria (MO Quote), World Wrestling Entertainment (WWE Quote), Legg Mason (LM Quote) and Continental Airlines (CAL Quote).

Cramer was bearish on Avon (AVP Quote), Newmont Mining (NEM Quote), Martha Stewart (MSO Quote) and Janus Capital (JNS 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!
  • Loading Comments...
  •  

SHARE:

  • email
  • print
  • comment
  • digg
  • delicious
  • linkedin
At time of publication, Cramer was long Sears and Altria.

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.

Recent Comments





Connect with TheStreet

Dow Jones S&P 500 NASDAQ 10-Year Note
10,501.05 1,114.11 2,212.10 35.46
Oil *
71.84
UP
29.55
UP
7.70
UP
21.79
UP
0.06
10 Yr
3.55%
SPDR Gold
110.24
+0.28%
+0.70%
+0.99%
+0.17%
Data delayed 20 minutes

Brokerage Partners

TheStreet Premium Services

All Services