Jim Cramer's Lightning Round
'Mad Money Lightning Round': Avoid Synaptics
05/07/08 - 07:28 PM EDT
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: Synaptics SYNA: "I am not a fan of touchscreens. It's too much of a commodity. Stay away from that group." Methanex MEOH: "This stock has been so cheap for so long I don't know what to say. I can't get behind it. This group is hard, let's just go with DuPont DD or Dow Chemical DOW." Dolan Media DM: "These are specialized business publications. I liked it when it IPO'd, but I don't like anything media right now." Tesoro TSO: "No, no, we're not recommending any refiners right now. The margins are horrible here. They're getting squeezed. You can go with Marathon Oil MRO but that's it." Sirius Satellite Radio SIRI: "One year and 79 days the FCC has been holding up this merger. Enough is enough; it's an outrage. Sirius should be bought. " World Wrestling Entertainment WWE: "I was concerned with the quarter, but the number was fine and I say its two thumbs up. WWE rocks." Akamai Technologies AKAM: "That's old technology. I'd take profits there and invest in some new tech like Eaton ETN and Parker Hannifin PH and go where the excitement is." ONEOK Partners OKS: "I've always liked that one. That's a good situation. I like these stocks and their yields. " Spartan Motors SPAR: "No, no, this is an under-performer. They can't deliver in this environment. I'm sorry."
Cramer is impressed with the stock, which has hit a 52-week high.
The company is well-run and a solid buy, Cramer says.
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