Jim Cramer's Lightning Round
'Mad Money Lightning Round': Get On Board Altria
03/12/08 - 07:29 PM EDT
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" Wednesday evening: Altria MO: "I'd buy more. It yields 4%, the road show just started, I want to load up the boat on this one. This is my largest position in my (charitable) trust and I wish it was even bigger." Goldman Sachs GS: "I own this one for my charitable trust. But the brokerage industry is under attack, so I'm going to tell you to "don't buy" until it hits $150." Berry Petroleum BRY: "I know this company, I think it's a great oil producer. It's exactly the kind of stock I want to own here." Flextronics FLEX: "I like this stock, I still think it's cheap, but understand that it's a difficult tech market. " Allegheny Technologies ATI: "I am not going to get into this complex. I'd rather be in United States Steel X." Omniture OMTR: "The market is too hard for tech, we do not like tech here... period, end of story." VMware VMW: "No, no, no. This is a high multiple stock that disappointed. I've been owning EMC EMC and it's been a dog. EMC is cheaper, I'd go there." Bristol-Myers Squibb BMY: "There's very little upside here. I am just on the fence. Unless they get a takeover bid, there's just nothing here." Delta Air Lines DAL: "Listen up, never ever ever ever ever ever ever ever ever ever ever ever own an airline stock." VeriFone PAY: "The important thing here is that this company's financials were a sham. Accounting irregularities equals SELL!" Service Corp Int'l SCI: "I do not think this is a baby-boom story. I don't see any reason to own this one. " Nuance Communications NUAN: "Speech software is something I avoid. Say no to this one." Cimarex Energy XEC: "This is the first stock I bought for my trust. This is a great oil and gas play, you've got a winner here. This is a terrific one." *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 by clicking here.
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