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'Mad Money Lightning Round': El Paso Is an Oil Gusher

04/03/08 - 07:25 PM EDT

BP (Action Alerts PLUS PICK) BSC CTSX DNDN EP FTEK GLW IHG LYV NEU PZE SNDK

TheStreet.com Staff
TheStreet.com Staff

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:

El Paso Corp (EP - Cramer's Take - Stockpickr): "Listen and listen good. I've been buying this one for my trust. This is a very cheap natural gas play. It's not very consistent, but it's good."

Intercontinental Hotels (IHG - Cramer's Take - Stockpickr): "Not a great hotel chain in an industry I don't really care for. I don't want to recommend any hotel chains."

Pfizer (PFE - Cramer's Take - Stockpickr): "Pfizer's like a bond without any growth. I don't like anything they're doing over there."

NewMarket (NEU - Cramer's Take - Stockpickr): "This one is a problem. It's a short-squeeze play. It's got nothing really special, please be careful here."

Citrix Systems (CTXS - Cramer's Take - Stockpickr): "Very difficult product cycle. That's a company that's in a tough place right now. It's too dicey here and it's not a great tech stock."

Corning (GLW - Cramer's Take - Stockpickr): "I've been scaling out of Corning. It's at a 52-week high, but if it pulls back, I'm buying more."

Dendreon (DNDN - Cramer's Take - Stockpickr): "No, no. It's really controversial. I don't like it. I don't think it has anything going for it. "

Sandisk (SNDK - Cramer's Take - Stockpickr): "No, no, no. This not a proprietary technology, I don't want you to own it. "

Live Nation (LYV - Cramer's Take - Stockpickr): "Every time I get into one of these entertainment companies, I lose my shirt."

Bear Stearns (BSC - Cramer's Take - Stockpickr): "No, there's nothing left here. Keep your money at Bear Stearns, but not in Bear Stearns. The stock just isn't any good. "

BP (BP - Cramer's Take - Stockpickr): "This one is controversial, but it's an energy stock and even they can't screw that up."

Fuel Tech (FTEK - Cramer's Take - Stockpickr): "This is another one that I can't recommend. I'm too conservative for this one."

*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.

At the time of publication, Cramer was long Corning, El Paso and BP.

Jim Cramer, host of the CNBC television program "Mad Money," is a Markets Commentator for TheStreet.com, Inc., and CNBC, and a director and co-founder of TheStreet.com. All opinions expressed by Mr. Cramer on "Mad Money" are his own and do not reflect the opinions of TheStreet.com or its affiliates, or CNBC, NBC UNIVERSAL or their parent company or affiliates. Mr. Cramer's opinions are based upon information he considers to be reliable, but neither TheStreet.com, nor CNBC, nor either of their affiliates and/or subsidiaries warrant its completeness or accuracy, and it should not be relied upon as such. Mr. Cramer's statements are based on his opinions at the time statements are made, and are subject to change without notice. No part of Mr. Cramer's compensation from CNBC or TheStreet.com is related to the specific opinions expressed by him on "Mad Money."

None of the information contained in "Mad Money" constitutes a recommendation by Mr. Cramer, TheStreet.com or CNBC that any particular security, portfolio of securities, transaction, or investment strategy is suitable for any specific person. You must make your own independent decisions regarding any security, portfolio of securities, transaction, or investment strategy mentioned on the program. Mr. Cramer's past results are not necessarily indicative of future performance. Neither Mr. Cramer, nor TheStreet.com, nor CNBC guarantees any specific outcome or profit, and you should be aware of the real risk of loss in following any strategy or investments discussed on the program. The strategy or investments discussed may fluctuate in price or value and you may get back less than you invested. Before acting on any information contained in the program, you should consider whether it is suitable for your particular circumstances and strongly consider seeking advice from your own financial or investment adviser.

Some of the stocks mentioned by Mr. Cramer on "Mad Money" are held in Mr. Cramer's Action Alerts PLUS Portfolio. When that is the case, appropriate disclosure is made on the program and in the "Mad Money" recap available on TheStreet.com. The Action Alerts PLUS Portfolio contains all of Mr. Cramer's personal investments in publicly-traded equity securities only, and does not include any mutual fund holdings or other institutionally managed assets, private equity investments, or his holdings in TheStreet.com, Inc. Since March 2005, the Action Alerts PLUS Portfolio has been held by a Trust, the realized profits from which have been pledged to charity. Mr. Cramer retains full investment discretion with respect to all securities contained in the Trust. Mr. Cramer is subject to certain trading restrictions, and must hold all securities in the Action Alerts PLUS Portfolio for at least one month, and is not permitted to buy or sell any security he has spoken about on television or on his radio program for five days following the broadcast.

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