'Mad Money Lightning Round': High on Unilever
09/15/08 - 07:34 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" Monday evening: He said he bought some shares Monday in Unilever(UN Quote - Cramer on UN - Stock Picks), which he also owns for his Action Alerts PLUS portfolio. He said the company is a huge user of natural gas and great play on a strong dollar. He called the stock a "buy, buy, buy." Cramer called Visa(V Quote - Cramer on V - Stock Picks) a consumer-spending play. He said the credit card company should do well when housing bottoms in 2009 and with oil prices on the decline. Cramer said it wasn't worth getting Cavium Networks(CAVM Quote - Cramer on CAVM - Stock Picks) because he's down on the chip sector. "They're all going down," he said. Cramer was down on General Dynamics(V Quote - Cramer on V - Stock Picks) because "you don't want to own a defense contractor" if Democratic presidential candidate Barack Obama gets elected. Cramer recommending pulling the trigger on Google (symbol Quote - Cramer on symbol - Stock Picks) when it reaches $400. Cramer reacted favorable to a caller's request for advice on L.B. Foster (FSTR Quote - Cramer on FSTR - Stock Picks), a company which makes rail equipment, but he said he liked Trinity(TRN Quote - Cramer on TRN - Stock Picks) better because it offers the chance to invest in a company that features both rail equipment products and wind turbines.




