'Mad Money Lightning Round': Nothing Special About IAC/InterActive
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" Thursday evening: IAC/InterActiveCorp (IACI Quote): "It seems cheap down here, but the whole Web seems cheap. There's nothing special here, I need you to sell this one." Crocs (CROX Quote): "Every time I want to say it's cheap, it gets even cheaper. I just don't think there's anything proprietary there. I don't want to own that stock." Countrywide Financial (CFC Quote): "I think the buyout will close, I think they're fine, but I don't want to own the stock. " Calpine (CPN Quote): "I like the energy complex, but I like conservative energy stocks with good dividends. I'd rather see you in Exelon (EXC Quote), or I also like Duke Energy (DUK Quote)." Acadia Pharmaceuticals (ACAD Quote): "No, I've been negative on that one. There's nothing proprietary there. I've been cutting back on that group." Zoltek (ZOLT Quote): "We had recommended this one, but it's all played out. I think it's just going to rest here. I want to see at least one good quarter from them." Aircastle (AYR Quote): "I blew this one. They're right in the cross-hairs of the credit crunch. We got this story wrong. " ConAgra Foods (CAG Quote): "I think I'm a day late on ConAgra. I'm too late here. I think the trade has been made. " PNM Resources (PNM Quote): "I don't think there's a lot of upside. I think this one's in the penalty box for at least a year." *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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