Cramer's 'Mad Money Lightning Round': Parker-Hannifin in Gear

09/17/07 - 07:48 PM EDT

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" Monday evening:

Delta Air Lines(DAL Quote - Cramer on DAL - Stock Picks):"I don't want to own any airline here. I am a believer that oil is not done going up."

CME Group(CME Quote - Cramer on CME - Stock Picks): "The stock has been marking time. ... I think when we see the quarter it's going to be a rally like you wouldn't believe ... I say buy one share. ... It's a coiled spring."

EMC(EMC Quote - Cramer on EMC - Stock Picks): "We are looking at six months before EMC fully reflects the price of VMware(VMW Quote - Cramer on VMW - Stock Picks). [VMware came public in August when EMC did a partial IPO of 13% of VMware shares.] ... The core business of EMC is doing well."

Parker-Hannifin(PH Quote - Cramer on PH - Stock Picks): "A remarkable company ... businesses are spread out. When it got to 80, I said it could go to 120. I reiterate that's where it's going."

Burlington Northern(BNI Quote - Cramer on BNI - Stock Picks): "I like the rails ... and I'm going to send you to Union Pacific(UNP Quote - Cramer on UNP - Stock Picks)," which Cramer owns for his Action Alerts PLUS.

"Texas Instruments(TXN Quote - Cramer on TXN - Stock Picks) is a monster good company to own at this point in the cycle."

Peru Copper(CUP Quote - Cramer on CUP - Stock Picks): "I'm sending you to FCX (Freeport McMoRan)(FCX Quote - Cramer on FCX - Stock Picks)). ... I would ring the register on Copper."

Goodyear Tire(GT Quote - Cramer on GT - Stock Picks): "I like the other side of the trade. I like the oil stocks."

Rosetta Resources(ROSE Quote - Cramer on ROSE - Stock Picks): "Too cheap ... knocked down on litigation. Pull the trigger Rosetta."

Sears Holdings(SHLD Quote - Cramer on SHLD - Stock Picks): "Until we fix the housing morass, you're not going to make a lot of money in Sears. I'm in a holding pattern with Sears."

*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 EMC, Freeport McMoRan, Sears Holdings and Union Pacific.

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.

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