'Mad Money Lightning Round': Qualcomm Is Heading Higher

Stock quotes in this article: COST , WMT , TJX , URBN , GTE , GSI , X , RS , QCOM  

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" Thursday evening:

Qualcomm (QCOM Quote): "I missed this one. People told me about it and I didn't listen. All I can say is that it's going higher."

GeoEye (GEOY Quote): "No, we decided we didn't like it. It missed the quarter. No high- resolution satellites for me. Sell, sell, sell."

Hershey Foods (HSY Quote): "I don't think Hershey has the horses. I see the house of pain for that company. On any lift I want you to sell, sell, sell."

Sears Holding (SHLD Quote): "I'm not confident with Sears. I like their CEO, Eddie Lampert, but I only like Costco (COST Quote), Wal-Mart (WMT Quote), TJX Companies (TJX Quote) and Urban Outfitters (URBN Quote). Everything else is a sell. "

Dana Holding (DAN Quote): "No, I don't like Dana. I don't like the whole business. I say sell."

Gran Tierra Energy (GTE Quote): "I don't want you to run for the exits here. Buy some more if it falls below $7."

American Capital Strategies (ACAS Quote): "In the end, this is a financial company and it's high risk. I don't like it because I don't like banking and I think there are still too many risky loans."

General Steel (GSI Quote): "I've looked at it and I like it. I like United States Steel (X Quote) and Reliance Steel (RS Quote) and I think you should buy them all on any weakness."

*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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