Cramer's 'Mad Money Lightning Round': RIO Has Brio

The Brazilian mining company is a 'virtual monopoly,' Cramer says.
By TheStreet.com Staff ,

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:

Excel Maritime

(EXM)

: "Stock went down big today, up huge yesterday. You know I like these stocks. I reiterate buy, this group is just smoking."

Companhia Vale do Rio Doce

(RIO) - Get Report

: "This was one of our absolute favorites. ... There is no reason to sell it. ... It has a hammerlock, a virtual monopoly ... RIO goes higher ... mineral stocks are great. ... Brazil is just in fabulous shape. ... I think RIO is still a win."

Range Resources

(RRC) - Get Report

: "Another cheap oil company, I don't really have an edge on it. ... But I reiterate my buy on all of them. I like

Quicksilver Resources

(KWK)

, I like

Rosetta Resources

(ROSE) - Get Report

. ... These are great companies. ... My favorite is still

XTO Energy

(XTO)

, which is the best in the business."

Urban Outfitters

(URBN) - Get Report

: "I'm not a fan. I'm not a fan because this company has stumbled. ... I fear Urban Outfitters. I don't want anything to do with it. I have enough problems recommending

American Eagle

(AEO) - Get Report

."

Navteq

(NVT) - Get Report

: "You got a giant gain here, you're up 20 points. Bulls make money, bears make money, hogs get slaughtered. ... I think NVT is fabulous, let's do a little register-ring here. I don't want you to be greedy. ... Please be good and take a little of these big gains off the table, just for me."

Western Union

(WU) - Get Report

: "Nah, I don't see enough upside there. Don'tBuyDon'tBuy."

Celgene

(CELG) - Get Report

: "This acquisition they just made, it broadens the pipeline. ... This is one of the best picks I ever made. ... I'm not backing away from Celgene ... Celgene's money."

Nastech Pharmaceutical

(NSTK)

: "It's had a nice move, not big yet. It had a nice bit of news today about insulin. ... I think the company's in great shape, but I want to buy it at 12. Don'tBuyDon'tBuy. Wait on Nastech."

Citigroup

(C) - Get Report

: "Citigroup is ridiculously undervalued. I have said over and over again, as long as Chuck Prince is running that company ... you are not gonna get the pop you deserve. That management must change."

Sears

(SHLD)

: "This has been a disaster so far this year. ... I have been with Sears a long time. Do I jump ship? Do I lose faith in Eddie Lampert? No, this is the worst housing recession in years. ... I'm giving Eddie the benefit of the doubt, but I'm not telling people to buy it. I expect very little upside until we get housing back on track. But I'm sticking with Eddie Lampert."

Want more Cramer? Check out Jim's rules and commandments for investing from his latest book by

clicking here

.

At the time of publication, Cramer was long Citigroup, Sears Holdings and XTO Energy.

Jim Cramer, host of the CNBC television program "Mad Money," is a Markets Commentator for TheStreet.com, Inc., and CNBC, and a director and co-founder of TheStreet.com. All opinions expressed by Mr. Cramer on "Mad Money" are his own and do not reflect the opinions of TheStreet.com or its affiliates, or CNBC, NBC UNIVERSAL or their parent company or affiliates. Mr. Cramer's opinions are based upon information he considers to be reliable, but neither TheStreet.com, nor CNBC, nor either of their affiliates and/or subsidiaries warrant its completeness or accuracy, and it should not be relied upon as such. Mr. Cramer's statements are based on his opinions at the time statements are made, and are subject to change without notice. No part of Mr. Cramer's compensation from CNBC or TheStreet.com is related to the specific opinions expressed by him on "Mad Money."

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Some of the stocks mentioned by Mr. Cramer on "Mad Money" are held in Mr. Cramer's Action Alerts PLUS Portfolio. When that is the case, appropriate disclosure is made on the program and in the "Mad Money" recap available on TheStreet.com. The Action Alerts PLUS Portfolio contains all of Mr. Cramer's personal investments in publicly-traded equity securities only, and does not include any mutual fund holdings or other institutionally managed assets, private equity investments, or his holdings in TheStreet.com, Inc. Since March 2005, the Action Alerts PLUS Portfolio has been held by a Trust, the realized profits from which have been pledged to charity. Mr. Cramer retains full investment discretion with respect to all securities contained in the Trust. Mr. Cramer is subject to certain trading restrictions, and must hold all securities in the Action Alerts PLUS Portfolio for at least one month, and is not permitted to buy or sell any security he has spoken about on television or on his radio program for five days following the broadcast.

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