Jim Cramer's Lightning Round
'Mad Money Lightning Round': Go With Goldman Sachs
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" Tuesday evening: Merrill Lynch (MER): "I think Merrill had a big move today, but I stand behind Goldman Sachs (GS), which is still cheaper than Merrill." Fluor (FLR): "I don't mind this stock, but I'd suggest Foster Wheeler (FWLT) at these levels is pretty darn cheap!" Penn National Gaming (PENN): "I'm not going to recommend that stock. This market is too hard for that company." MBIA (MBI): "I don't really care for this group. They did do a big recapitalization, but you need to stick with quality financials. Stick with Goldman Sachs (GS) and Hudson City Bancorp (HCBK)." Flotek Industries (FTK): "They delayed the filing of their 10K; that's never positive. We're going to recommend FMC Technologies (FTI). Ford Motor (F): "Own the Ford preferred stock, not the common shares." GlaxoSmithKline (GSK): "I did a lot of work on this one. I don't see a lot of upside. There's nothing wrong with being paid to wait, but I'd rather be in Schering-Plough (SGP)" US Bancorp (USB): "I think this one and Wells Fargo (WFC) are both in a position to gain when the next bank goes belly up." Research In Motion (RIMM): "I think they're having a great quarter. I like this one and also Apple (AAPL) now that it hit $125 a share. " Dryships (DRYS): "This was up big today, but I like Frontline (FRO). I like their dividend and I'm sticking with them." Cornell Companies (CRN): "They lost a big contract. I didn't like that. I don't trust this group anymore." Crocs (CROX): "I'm not a Crocs believer. I think there are too many knock-offs, I don't want to be there. I also don't like American Apparel (APP). I don't like the management over there." Southern Peru Copper (PCU): "I own Freeport-McMoRan (FCX) for my charitable trust and I'd load up on more of that one if I could. " Wachovia (WB): "Look, everyone thinks they're going to cut the dividend. I'm not going to go there." *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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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note |
|
|---|---|---|---|---|
| 12,393.45 | 1,310.33 | 2,827.34 | 15.81 |
Oil *
101.83
|
|
DOWN
26.41 |
DOWN
2.99 |
DOWN
10.02 |
DOWN
0.44 |
10 Yr
1.58%
SPDR Gold
151.62
|
|
-0.21%
|
-0.23%
|
-0.35%
|
-2.71%
|
Data delayed 20 minutes |


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