'Mad Money Lightning Round': Southwest Doesn't Fly
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" 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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