Here's what Cramer had to say about callers' stocks during the "Lightning Round":
Alpha Natural Resources
: "I can't see selling this stock down here. I'm not saying buy, buy, buy but I can see owning it for speculation."
: "If this stock were to come down it would be a blessing. This is going to be a terrific stock for 2013."
: "I'm a big believer in this one. I want to own the stock."
: "Even after this quarter it's not too late to sell. Terrible company. I want to sell
In the "Mad Mail" viewer feedback segment, Cramer followed up on
(LGND - Get Report)
, 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
is another stock that's up big for the year and investors need to ring the register and take profits.
When asked about
, Cramer said he would not be a seller as the company has great brands. He was equally bullish on
and its 4% dividend yield.
Finally, when asked about
, Cramer said that with the company's financing for its export terminal in place, the stock is terrific.
No Huddle Offense
In his "No Huddle Offense" segment, Cramer said he's not going to condemn
J.P. Morgan Chase
(JPM - Get Report)
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,
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--Written by Scott Rutt in Washington, D.C.
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