Here's what Cramer had to say about callers' stocks during the "Lightning Round":
: "It's been a speculative stock and I'm still going with sell, sell, sell."
: "No, no. Hess has been a disaster. Stay away."
: "So dicey. I can't go there. No, no, I'm not recommending anything in Latin America."
: "AT&T has it all right now. It's terrific. I think it's great."
Chipotle Mexican Grill
: "The stock under $400 is a buy. I like Chipotle, I like
: "I think USG is a terrific play on housing. I think they're going to have a bunch of good quarters."
: "They disappointed the last few quarters. That one is turning around and it a buy, buy, buy."
Lions Gate Entertainment
: "I want to buy it. It's inexpensive if not a little speculative."
: "I like the yield. I think it's terrific."
: "I think Microsoft is terrific. It's inexpensive with a bunch of new products in the pipe."
: "No, no. Too risky. If I want an insurer I'm going with
American International Group
: "That is 100% natural gas. I'm send you to
. I think Devon is better."
In a special "Family Therapy" segment, Cramer weighed in on investing disputes within audience members' families. When asked about the eastern European
, Cramer said Windstream is in the penalty box and can be owned for yield only, with AT&T and
being a lot better. He said VimpelCom is a simple "no."
When asked about
, Cramer said the company is tainted. He recommended
as a better play.
Cramer's said he's worried about
Nordic American Tanker
and would not be a buyer right now.
Rumors and Speculation
Should investors speculate on a takeover if a company's fundamentals are deteriorating? Only if they're OK with losing their investment, said Cramer.
While there have been countless rumors that both
Research in Motion
are ripe for the picking, Cramer said there are major flaws with this line of thinking. First, both Nokia and RIM are the darlings of their home countries of Finland and Canada, respectively, and are not likely going to be allowed to be sold to foreign entities.