Jim Cramer's Lightning Round
'Mad Money Lightning Round': Sell Tata Motors
03/26/08 - 07:13 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 at Penn State University: Tata Motors TTM: "I think that Tata bit off more than it can chew with their acquisition today (of Jaguar and Land Rover brands from Ford). I want to sell, sell, sell Tata." Public Service Enterprise PEG: "I have been surprised here. They guided down so small and people panicked. They're wrong. It's a buy." Boeing BA: "Boeing is troubling to me. It's a great American company, but this Dreamliner is a problem. The answer is "don't buy until they figure it out." Moody's MCO: "Are you kidding me. I think the rating agencies are going away. I would sell this one right here." McDonald's MCD: "I love McDonald's. I think the entry point is $53 to $54. This is a great long-term story." L-3 Communications LLL: "I think L3 is one of the great defense contractors. I like General Dynamics GD, I like Raytheon RTN and I like Textron TXT and L3." Sony SNE: "That was one of the worst quarters I've ever seen. I want to sell Sony." EMC EMC: "EMC is driving my crazy. Why is this stock going down? They still own a big chunk of VMware VMW, EMC is cheap, I like EMC." Walt Disney DIS: "This company has been unrewarded for their great work. Everything points to Disney going up 25% from here. I think they're fabulous." *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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