Cramer's 'Mad Money Lightning Round': Pick Up Progressive

Stock quotes in this article: PGR , TIE , CPB , COH , CAM , PCU , CTV , SNPS  

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:

CommScope (CTV Quote): "Very good coaxial cable company. I've always liked that business. It's coming down. But ... you have to go with Corning (GLW Quote). ... Tech stocks hold up better than most. ... Corning's your play, not CommScope." Cramer owns Corning for Action Alerts PLUS, his charitable trust.

Synopsys(SNPS Quote): "It's tech, so my bias is to like it, but if I'm gonna ... be in software, I want to go with the biggest possible names with the best balance sheets. I'm gonna send you to Oracle (ORCL Quote). ... I've been trading Synopsis since 1990," Cramer said, but right now "I'm just looking for best-of-breed action."

Campbell Soup (CPB Quote): "The idea that they might get rid of Godiva tells me that Campbell Soup is waking up." Cramer said that in terms of companies getting takeover bids, "Campbell's can do it. ... On the fundamentals, it's OK. So I guess what I'm saying is I've got two reasons to own Campbell's."

Southern Copper (PCU Quote): "A lot of these mineral stocks are being hit by funds that are blowing up that own these. ... A lot of them own PCU. ... You've got to wait until $90 before I would buy it, and the reason why is because the holders are so bad. ... But this one has a 6% dividend. When it gets down to my level ... pull the trigger."

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