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: Potash (POT Quote): "Everyone wants to sell these stocks, but I believe we're still in the early stages of fertilizer shortages. I want to buy the fertilizer stocks." Capstead Mortgage (CMO Quote): "I used to like these companies but they use too much leverage and I don't think the system is going to give it to them anymore. I want you to ring the register." Compagnie Gnrale de Gophysique (CGV Quote): "You're messing with some difficult technology there. Why not go right to king Halliburton (HAL Quote)? HAL is going to $50. Back up the truck." Visa (V Quote): "I like Mastercard (MA Quote) more than Visa. If you want to hear a company in charge of their destiny, listen to the Mastercard conference call." ConocoPhillips (COP Quote): "I think Conoco is, and remains, a great integrated oil play. 2008 is the year of natural gas. I want to keep buying until natural gas goes to $16." La-Z-Boy (LZB Quote): "That's easy: sell, sell, sell. I have no furniture companies that I'd ever recommend on this show." MEMC Electronics (WFR Quote): "This is in the sell block. It continues to disappoint. It's not the technology that I like. I like First Solar (FSLR Quote)." *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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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,226.94 | 1,093.07 | 2,154.06 | 34.86 |
Oil *
77.65
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UP
203.52
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UP
23.77
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UP
41.62
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DOWN
0.17
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10 Yr
3.49%
SPDR Gold
108.19
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+2.03%
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+2.22%
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+1.97%
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-0.49%
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