'Mad Money' Lightning Round: Callaway Misses the Cut
To see the full "Mad Money" Recap, please
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:
Callaway Golf (ELY): "I don't know about this one. Golf may be a declining industry, there's just not enough momentum in the business."Cato (CTR): "No, we're only buying Costco (COST), Wal-Mart (WMT), TJX (TJX) and Urban Outfitters (URBN), not yours and not any of the others." Melco PBL Entertainment (MPEL): "I have hated it since $18 a share. I don't want anything to do with gaming. I've been negative on Las Vegas Sands (LVS), Wynn Resorts (WYNN), International Game Technology (IGT), or Penn National Gaming (PENN)." Marvel Enterprises (MVL): "I have to tell you, I think that Marvel is a winner and I think Iron Man will be a winner. I would pull the trigger ahead of this fabulous opening. " Sapient (SAPE): "Oh man, that's just software I don't care for and management has been turning over a lot over there. Say no to that one." CapitalSource (CSE): "I don't like the real estate investment trust business, or anything levered to mortgages." *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.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV