Cramer's ' Mad Money' Lightning Round: Not Sipping the Nektar

Stock quotes in this article: NKTR , BAC , YUM , SNE , BAC , TNL , COST  

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" Thursday evening:

Bank of America(BAC Quote): "Doing well. Not backing up, no way, no how." Cramer said it's a "chicken's way to play this rally."

Best Buy(BBY Quote): "I think that stock can still go higher. I say buy Best Buy."

Costco(COST Quote) "I want you to stick with Costco, and that's why I'm a Gold Star member."

Technitrol(TNL Quote): "We don't back up the truck* for stocks that are at a 52-week high, my friend. ... I would not pull the trigger until it's lower."

Acorda Therapeutics(ACOR Quote): "You are making money in that hand-over-fist way. ... This thing could be gigantic."

Helix Energy(HLX Quote): "Use any strength to hit the exits."

Silicon Image(SIMG Quote): "Fifty-two-week high, but definitely doing the right thing. I'm not backing away."

Nektar Therapeutics(NKTR Quote): "I whip myself ... I recommended this stock at 17. ... Cat-o'-nine tails. ... I was wrong ... and I should have exited stage right."

Yum Brands(YUM Quote): "You know I like Yum, that's Kentucky Fried Chicken. Two thumbs up, way up."

Sony(SNE Quote): "If you want to buy a PlayStation play, I'm going to send you to GameStop(GME Quote), even though it's a dollar below its 52-week high."

"Ceradyne(CRDN Quote) grows at 15% and sells at nine times earnings. ... I would average in here, but not pull the trigger big."

Exxon Mobil(XOM Quote): "My least favorite oil, my friend. ... I'm gonna send you to Chevron(CVX Quote) ... if they ever get their act together."

Toll Brothers(TOL Quote): "Let it go back to 25. I like Lennar(LEN Quote) right here."

St. Joe(JOE Quote): "I don't care for it. ... I used to like it."

Cramer also was bearish on Red Hat (RHAT Quote).

*For all you home-gamers, a 'mon-back opportunity means Cramer would back up the figurative truck and load up on a stock.

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 Oct. 12:
Arena Pharma
Arris Group
Federated
Gilead
NYSE Group
Zymogenetics

REMEMBER to listen in on Thurdsay for my take on the stock that wins this poll!
  • Loading Comments...
  •  

SHARE:

  • email
  • print
  • comment
  • digg
  • delicious
  • linkedin
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.

Recent Comments





Connect with TheStreet

Dow Jones S&P 500 NASDAQ 10-Year Note
10,441.12 1,109.18 2,206.91 35.96
Oil *
73.55
DOWN
10.88
UP
1.25
UP
5.86
DOWN
0.07
10 Yr
3.60%
SPDR Gold
111.59
-0.10%
+0.11%
+0.27%
-0.19%
Data delayed 20 minutes

More From TheStreet

Latest Headlines

Brokerage Partners

TheStreet Premium Services

All Services