Here's what Cramer had to say about callers' stocks during the "Lightning Round":
Alpha Natural Resources (ANR): "I can't see selling this stock down here. I'm not saying buy, buy, buy but I can see owning it for speculation."
Apple (AAPL): "If this stock were to come down it would be a blessing. This is going to be a terrific stock for 2013."OraSure Technologies (OSUR): "I'm a big believer in this one. I want to own the stock." Lexmark International (LXK): "Even after this quarter it's not too late to sell. Terrible company. I want to sell Hewlett-Packard (HPQ), too."
Mad MailIn the "Mad Mail" viewer feedback segment, Cramer followed up on Ligand Pharmaceuticals (LGND), a drug maker that stumped him on an earlier show. He said the company is on a rebound, but with the stock already up 50% for the year "we missed it." Cramer told viewers to ring the register and take profits. Cramer said that Accuray (ARAY) is another stock that's up big for the year and investors need to ring the register and take profits. When asked about Diageo (DEO), Cramer said he would not be a seller as the company has great brands. He was equally bullish on Waste Management (WM) and its 4% dividend yield. Finally, when asked about Cheniere Energy (LNG), Cramer said that with the company's financing for its export terminal in place, the stock is terrific.
No Huddle OffenseIn his "No Huddle Offense" segment, Cramer said he's not going to condemn J.P. Morgan Chase (JPM) CEO Jamie Dimon. He said the firm did indeed commit a horrible error and Dimon did dismiss that error when it became public. However, since then the CEO has done everything right and is working his way towards redemption. Cramer said he takes some comfort in knowing that Dimon may not have been given all of the facts by his lieutenants, which is far better than Dimon not being in control of his organization in the first place. He said the problem was rooted out, reforms were made and bonuses were recalled. Everything that needed to be done, has been done. As for J.P. Morgan's stock, Cramer said it's now become too cheap versus its fundamentals and is once again a buy, buy, buy. Cramer currently owns J.P. Morgan for his charitable trust,
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV