'Mad Money' Lightning Round: Watch that RIG

Cramer says be careful with this stock after a big run.
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" Thursday evening:

Transocean

(RIG) - Get Report

: "You know I've liked RIG, it had a big run, so be careful there. I also like

National Oilwell Varco

(NOV) - Get Report

, they have a monopoly and they're my favorite."

Harley Davidson

(HOG) - Get Report

: "I think Harley has been hit and hit from the weak consumer. I think this is the floor for the stock and I'm almost ready to pull the trigger on that one."

Hologic

(HOLX) - Get Report

: "I think they're getting their arms around what's wrong. I am in the 'don't buy' camp for right now. It's too dicey."

Verasun Energy

(VSE)

: "Oh man, I hate to be this negative. I don't want you sticking with that one."

UMB Financial

(UMBF) - Get Report

: "This thing sells at twice book and is one of the few regional banks that might be as good as

Hudson City Bancorp

(HCBK)

. I'm going to take a closer look at it."

Jim Cramer writes about all the stock trades in his charitable trust for TheStreet.com in Action Alerts Plus. Recent stocks he's traded in this account include Schering-Plough (SPG) - Get Report, Yamana Gold (AUY) - Get Report and Abbott Laboratories (ABT) - Get Report.

*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

.

At the time of publication, Cramer was long National Oilwell Varco.

Jim Cramer is a director and co-founder of TheStreet.com. He contributes daily market commentary for TheStreet.com's sites and serves as an adviser to the company's CEO. Outside contributing columnists for TheStreet.com and RealMoney.com, including Cramer, may, from time to time, write about stocks in which they have a position. In such cases, appropriate disclosure is made. To see his personal portfolio and find out what trades Cramer will make before he makes them, sign up for

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