'Mad Money Lightning Round': Tupperware

06/26/08 - 06:58 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" Thursday evening:

Tupperware (TUP Quote - Cramer on TUP - Stock Picks): "I'm shocked that Tupperware is down as much as it is. I want to buy Tupperware. I think it's right."

Starbucks (SBUX Quote - Cramer on SBUX - Stock Picks): (Until the much talked-about turnaround happens), you cannot touch this stock. Unless you've got an 18-month perspective, Starbucks is a don't buy. There is no quick fix to Starbucks."

Warren Resources (WRES Quote - Cramer on WRES - Stock Picks): "That is a wildcatter we like. You're a winner, you've got horse sense."

Penn National Gaming (PENN Quote - Cramer on PENN - Stock Picks): "A new person, that's a very discouraging way to start. ... Let's start buying things we know we like. Take that money and invest in one of the themes we talk about. I'm reiterating all my gambling sales right here."

Kraft (KFT Quote - Cramer on KFT - Stock Picks): "They are actually doing fairly well given that every input cost is bad. I got my guy Johnson at Heinz (HNZ Quote - Cramer on HNZ - Stock Picks). I've got my guy at General Mills (GIS Quote - Cramer on GIS - Stock Picks).

DryShips (DRYS Quote - Cramer on DRYS - Stock Picks): "I think that DryShips is one of those where you're going to be throwing up on your shoes. Frontline (FRO Quote - Cramer on FRO - Stock Picks), for heaven's sake. I like Nordic American Tanker (NAT Quote - Cramer on NAT - Stock Picks), but go with Frontline."

Hudson City Bancorp (HCBK Quote - Cramer on HCBK - Stock Picks): "The stock is at 17 and all I can tell you is I am not recommending a single financial."

*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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