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 Quote): "I think Merrill had a big move today, but I stand behind Goldman Sachs (GS Quote), which is still cheaper than Merrill." Fluor (FLR Quote): "I don't mind this stock, but I'd suggest Foster Wheeler (FWLT Quote) at these levels is pretty darn cheap!" Penn National Gaming (PENN Quote): "I'm not going to recommend that stock. This market is too hard for that company." MBIA (MBI Quote): "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 Quote) and Hudson City Bancorp (HCBK Quote)." Flotek Industries (FTK Quote): "They delayed the filing of their 10K; that's never positive. We're going to recommend FMC Technologies (FTI Quote). Ford Motor (F Quote): "Own the Ford preferred stock, not the common shares." GlaxoSmithKline (GSK Quote): "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 Quote)" US Bancorp (USB Quote): "I think this one and Wells Fargo (WFC Quote) are both in a position to gain when the next bank goes belly up." Research In Motion (RIMM Quote): "I think they're having a great quarter. I like this one and also Apple (AAPL Quote) now that it hit $125 a share. " Dryships (DRYS Quote): "This was up big today, but I like Frontline (FRO Quote). I like their dividend and I'm sticking with them." Cornell Companies (CRN Quote): "They lost a big contract. I didn't like that. I don't trust this group anymore." Crocs (CROX Quote): "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 Quote). I don't like the management over there." Southern Peru Copper (PCU Quote): "I own Freeport-McMoRan (FCX Quote) for my charitable trust and I'd load up on more of that one if I could. " Wachovia (WB Quote): "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 | |
|---|---|---|---|---|
| 10,328.89 | 1,102.47 | 2,211.69 | 35.46 |
Oil *
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