Jim Cramer's Lightning Round
Cramer's 'Mad Money Lightning Round': Oracle OK
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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" Tuesday evening: Travelzoo: "I say ... stay away from the ... train wreck." "Rentech goes to 6. In Wall Street parlance, I'm raising my price target right here, right now." National Beverage: "I want to swap out of ... and ... go into Pepsi and Coke, which are in major bull market mode." EnCana: "If natural gas doesn't start heading up, EnCana is going to 43. I would ring the register and not wait for that happen." Oracle: "This is one of the names that is actually in bull mode on the Nasdaq. ... You can stick with it." Wal-Mart: "You saw that big downgrade today of the whole [retail] group." Cramer said you're better off in Target here. Halliburton: "The bears have this stock ... in their paws. ... I'm not backing away from my charitable trust. ... But understand the forecast is still pain." RTI: "I am freeing you from that. ... I wouldn't sell it all it once. But that stock is finito. I no longer want to like the titanium group." Alvarion: "I would let a little go because Alvarion will not go up ... until the whole cell-phone morass clears," which Cramer doesn't see happening perhaps until the winter. EuroZinc Mining: "I am encouraged by the action today in Freeport. ... EuroZinc Mining is a call option ... on zinc and copper. ... You stay long EuroZinc." Massey Energy: "If you want to own coal, you have to own BTU (Peabody Energy). I cannot bless Massey." "Nortel is a complete waste of time. Let me lump in Lucent. There's nothing there. ... Maybe a short-term tech rally that starts with Intel after reports. Be careful, Yahoo! just stunk up the joint." Starbucks: "I want to stay in Starbucks because of China." Cramer says if you stick with it, "you will be rewarded."
Lightning Round
Cramer was bullish on
Rentech (RTK),
Coca-Cola (KO),
PepsiCo (PEP),
Oracle (ORCL),
Target (TGT),
Halliburton (HAL),
EuroZinc Mining (EZM),
Peabody Energy (BTU),
Intel (INTC) and
Starbucks (SBUX).
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