'Mad Money Lightning Round': Wal-Mart's a Winner
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" Friday evening:
Wal-Mart (WMT): "Wal-Mart was downgraded today. That is wrong. I think Wal-Mart is a winner, that's a good call."Peabody Energy (BTU): "There is a battle between the longs and the shorts on this one, I like natural gas better. I like Apache (APA), Anadarko Petroleum (APC) and Chesapeake Energy (CHK) more." Procter & Gamble (PG): "P&G is in bull-market mode. They are committed to the dividend and have a great balance sheet ... a high quality name." Core Labs (CLB): "When oil's is at $110 a barrel, you hire Core Labs to help you get more oil out of your wells. I'm behind Core Labs." Allergan (AGN): "I have been amazed this stock is acting so badly. People fear these stocks, but that is wrong. I want to be a buyer." Philippine Long Distance (PHI): "I was debating this one, I should revisit it. " United Parcel Service (UPS): "UPS is one of the best run companies in America. I don't think it'll make any money right now." *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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