'Mad Money Lightning Round': Wal-Mart Is Too Good

06/17/08 - 07:29 PM EDT

TheStreet.com Staff

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" Tuesday evening:

Capstone Turbine (CPST Quote - Cramer on CPST - Stock Picks): "Capstone has got mini turbines and is right in this market. Take some profits if you have some, and let the rest run."

James River Coal (JRCC Quote - Cramer on JRCC - Stock Picks): "I am so bullish on coal, but that stock has tripled. You too must take profits and let the rest run. "

Apogee Enterprises (APOG Quote - Cramer on APOG - Stock Picks): "Earnings could be problematic with their exposure to autos, but they have superior technology and they're a buy. This is a steady, long-term play."

Wal-Mart (WMT Quote - Cramer on WMT - Stock Picks): "I think WalMart, along with TJX Companies (TJX Quote - Cramer on TJX - Stock Picks), Costco (COST Quote - Cramer on COST - Stock Picks) and Urban Outfitters (URBN Quote - Cramer on URBN - Stock Picks) are all working. I see WMT going to 63. This stock is just too good."

Northern Oil and Gas (NOG Quote - Cramer on NOG - Stock Picks): "You've got a great one in Northern Oil. Now Continental Resources (CLR Quote - Cramer on CLR - Stock Picks) is better, but yours hasn't run yet, so stick with it."

Nortel Networks (NT Quote - Cramer on NT - Stock Picks): "Take the money and run. Now's your opportunity to sell, sell, sell."

Concho Resources (CXO Quote - Cramer on CXO - Stock Picks): "When that came out, I wanted to recommend it, but how many oil companies can I recommend? That one is great though, stick with it."

Dow Chemical (DOW Quote - Cramer on DOW - Stock Picks): "I like the yield. I recommended it earlier, but they are the largest buyer of natural gas in the world and I can't have you buy it here."

Grey Wolf (GW Quote - Cramer on GW - Stock Picks): "That stock is played out. That one is done. Take the profits and go look for the next one."

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