'Mad Money Lightning Round': Joy Global Radiates
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" Wednesday evening: Joy Global (JOYG): "I think Joy Global has got a great yield and it's cheap. Let's wait until it comes down under $20, then buy in." Spartan Stores (SPTN): "No, the only retailer I'm recommending right now is Wal-Mart (WMT), the only one that can withstand the recession." Norfolk Southern (NSC): "No, I'm not recommending any of the rails. Even though they're at their lows, they're too levered to commodities and autos." Procter & Gamble (PG): "I think they're just going to have a so-so story and is not my favorite soft goods maker. That's a second half of 2009 story." Manitowoc (MTW): "This is a crane play and they are too many cranes right now. Illinois Tool Works (ITW) is not interested in buying them, so I'm saying sell, sell, sell." Bebe Stores (BEBE): "Bebe is a trading stock. I say let's buy it again, but only for a trade." Halliburton (HAL): "I think HAL is a sale. I think natural gas is going to $4, maybe $3. That means HAL is going to have things really bad. " Delta Air Lines (DAL): "I've never recommended an airline stock and I'm not about to now." Check out the latest edition of "Cramer's Take on Top-Searched Stocks" on Stockpickr. *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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