Cramer's 'Mad Money Lightning Round': Cemex Solid

02/01/07 - 07:35 PM EST

TheStreet.com Staff

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:

Freeport McMoRan(FCX Quote - Cramer on FCX - Stock Picks): "I'm endorsing it. Let's buy some."

Cemex(CX Quote - Cramer on CX - Stock Picks): "They want to be a monopolist when it comes to cement. They want to own North America, and you know what? They're going to do it. Cemex even right here still goes higher."

American Oriental Bioengineering(AOB Quote - Cramer on AOB - Stock Picks): "This stock is running too far. I want to do a Don'tBuy. Maybe if it comes down," Cramer said, he will reconsider.

Microsoft(MSFT Quote - Cramer on MSFT - Stock Picks): "I have morphed into a Steve Ballmer fan. ... The stock is going to be stalled right here, but I do like it."

Anixter(AXE Quote - Cramer on AXE - Stock Picks): "I'm going to send you to Brian Roberts at Comcast(CMCSA Quote - Cramer on CMCSA - Stock Picks)."

Level 3(LVLT Quote - Cramer on LVLT - Stock Picks): "Other stocks are catching up with Level 3."

Adobe(ADBE Quote - Cramer on ADBE - Stock Picks): "People think I'm wrong on Adobe. ... Adobe is stalled; that was a great quarter. ... I just know that it is biding time; 38 is a way station going to 45."

Chesapeake Energy(CHK Quote - Cramer on CHK - Stock Picks): "Problematic; every time it goes up to 32, 33, we get that inevitable selling." But Cramer said if you like natural gas, you pull the trigger on Halliburton(HAL Quote - Cramer on HAL - Stock Picks), which he owns for his Action Alerts PLUS charitable trust.

"Halliburton's quarter was good. They're buying back a huge amount of stock." Cramer said he's not backing down but backing up the truck*.

Volcano(VOLC Quote - Cramer on VOLC - Stock Picks): "Medical devices rock."

Goodman Global(GGL Quote - Cramer on GGL - Stock Picks): "Back and bigger than ever. Heating, ventilation and air conditioning." But Cramer said he preferred American Standard(ASD Quote - Cramer on ASD - Stock Picks).

*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.

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.

Your Recent Quotes: Quote Up0 | Quote Down0
Dow S&P 500 NASDAQ
Oil*
Gold
10 Yr
0.00%
%
%
%
Data delayed 20 min
Sign up for our FREE newsletters now. See All

  • Cramer's Daily Booyah!
  • Before the Bell
Submit Privacy Policy

Premium Stock Ideas