Cramer's 'Mad Money Lightning Round': Playing the Yield

Stock quotes in this article: SYMC , ORCL , RS , HERO , RIG , GSF , ED , T , MO , VMI  

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" Monday evening:

Symantec (SYMC Quote): "Can't recommend it, frankly." Cramer said to swap out of Symantec and into Oracle (ORCL Quote).

Reliance Steel (RS Quote): "Everybody's decided that all the steel stocks have to be SoldSoldSold. ... What Cramer's telling you is to pull the trigger on this weakness after that great quarter. Pretty simple."

Hercules Offshore (HERO Quote): "The reason that it's not kept pace with the group is that it's shallow drilling. ... I cannot get behind that one." Cramer recommended instead deepwater drillers Transocean (RIG Quote) and GlobalSantaFe (GSF Quote).

"Goldman Sachs(GS Quote) is challenged not as a company. ... I'm staying pat with Goldman Sachs for Action Alerts PLUS, my charitable trust." For dividend-paying stocks, Cramer recommended the following: the dry-bulk carriers; Consolidated Edison (ED Quote), for a conservative dividend play; Altria (MO Quote), for more risk; and AT&T (T Quote), on a pullback. He also owns Altria for Action Alerts PLUS.

Flotek Industries (FTK Quote): "I think Flotek is one of the kind of stocks ... that fits into my RIG and GlobalSantaFe thesis. ... This group is so in bull market mode, it is taking up everything!"

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