Jim Cramer's Lightning Round

Cramer's 'Mad Money Lightning Round': Oracle OK

 

To see the 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:

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).

Cramer was bearish on Travelzoo (TZOO), National Beverage (FIZ), EnCana (ECA), Wal-Mart (WMT), RTI International Metals (RTI), Alvarion (ALVR), Massey Energy (MEE), Nortel (NT) and Lucent (LU).

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 20:
Ford
Forest Labs
PepsiCo
Marriott
Activision
SAP

REMEMBER to listen in on Thursday for my take on the stock that wins this poll!

>To order reprints of this article, click here: Reprints

At the time of publication, Cramer was long Halliburton.

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. When that is the case, appropriate disclosure is made on the program and in the "Mad Money" recap available on TheStreet.com. 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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