'Mad Money Lightning Round': Stay Away From SanDisk
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: SanDisk (SNDK Quote): "This is a commodity memory play. They don't have good margins. You need to stay away from Sandisk." Foster Wheeler (FWLT Quote): "This is often seen as a play on higher oil prices, but oil would have to fall $30 before this company would be in trouble. Eighteen months from now, this stock will be higher." CH Robinson Worldwide (CHRW Quote): "If you want to play transportation, you play with United Parcel Service (UPS Quote). I'd rather see you there. UPS has their act together." St. Joe (JOE Quote): "JOE is the largest single land owner in Florida. I think that land will come back, but it could take three to five years before that happens. You don't have to pull the trigger yet." Citigroup (C Quote): "Citi needs to take bold action. If they take bold action, only then will I be bullish on Citigroup." Freeport-McMoRan (FCX Quote): "Listen up. FCX was not able to take out its low from last month. I do not believe that China will never come back. I don't believe that copper's going away." *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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