'Mad Money Lightning Round': Southwest Doesn't Fly
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Here's what Jim Cramer had to say about some of the stocks that callers offered up during the "Mad Money Lightning Round" Friday evening:
Southwest Airlines (LUV): "No, no, no. We don't recommended any airlines on this show."China Finance Online (JRJC): "That's a bad stock, and I don't like it. I just have to tell you to sell, sell, sell." Merrill Lynch (MER): "Merrill is OK, I don't think there's a problem at Merrill, but I do think that Goldman Sachs (GS) is better." Tata Motors (TTM): "No, they paid too much for those new brands. We took that one off the table and we're not looking back." Best BUY (BBY): "After that great quarter, the stock did nothing. I can't recommend that. I don't like retail, but I do like Urban Outfitters (URBN), VF Corp (VFC) and Jones Apparel (JNY)." Cherokee (CHKE): "Cherokee is too dicey for me, I'd rather see you in Target Corp (TGT)." Terra Industries Inc (TRA): "No, I like Potash (POT) and Mosaic (MOS) and then Agrium (AGU). That's my pecking order for those stocks." Vasco Data Security (VDSI): "No, they missed the quarter. They're in the penalty box; that's a big 10-minute penalty there." ING Group (ING): "I'm not recommending ING. You can keep your money at the bank, but not in the stock." Riverbed Technologies (RVBD): "I was wrong about Riverbed. I blew it. I thought they were immune to the economic slowdown, and they're not." Southwestern Energy (SWN): "I like natural gas so much. I almost don't care which company you own, as long as you've got 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.
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