Cramer's 'Mad Money Lightning Round': Arch Ally

04/24/07 - 07:32 PM EDT

TheStreet.com Staff

Google(GOOG Quote - Cramer on GOOG - Stock Picks): "After the close, Amazon(AMZN Quote - Cramer on AMZN - Stock Picks) just blew away the numbers. ... I think Google has had a very big move. It's resting and ready to run again."

Adobe Systems(ADBE Quote - Cramer on ADBE - Stock Picks): "This stock is just too cheap. ... We recommended it right here not that long ago. ... But it's done nothing."

II-VI(IIVI Quote - Cramer on IIVI - Stock Picks): "Hit the low end of the range. I feel that this stock down 7 is going to be dead money for a long time."

L-3 Communications(LLL Quote - Cramer on LLL - Stock Picks): "I think that was profit-taking today. I thought the quarter was good. ... every one of the aerospace companies sold off today." Cramer said he also likes Lockheed Martin(LMT Quote - Cramer on LMT - Stock Picks) and Northrop Grumman(NOC Quote - Cramer on NOC - Stock Picks). "I'm not walking away from defense. I'm staying with defense."

Cramer also was bearish on BJ Services (BJS Quote - Cramer on BJS - Stock Picks) and Travelzoo (TZOO Quote - Cramer on TZOO - 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.

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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."

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