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Here's what Jim Cramer had to say about some of the stocks that callers offered up during the "Mad Money Lightning Round" Tuesday evening:
"There is some momentum-seller who will not let up here. ... I think PMGI should be bought." But Cramer says he doesn't advocate backing up the truck* until this seller is done.
: "Mining equipment ... is a growth area again. .... I want to buy Joy Global right in Goldman Sachs' face," Cramer said in response to the bank's recent downgrade.
: "Questionable. ... If you want a turnaround semi ...
is the one that has the least down and the most up." Cramer owns Marvell for his
Action Alerts PLUS charitable trust.
: "I like the management of Ford." But Cramer says swap out of the common stock and pick up the convertible.
: "Moved all the way up from 18 to 26." Cramer said it's time to take profits.
: "When I see the incredible froth for a company like
, I think that Lundin is the heir, the one that will be bought before any. ... I want to back the truck up at $10."
L-1 Identity Solutions
: "I think that Bob La Penta ... is building a powerhouse ... Bob La Penta is a bankable man, and I am sticking with him."
and CarMax are both fabulous, fabulous stocks, and I want to own both of them ... Also like
Asbury Auto Group
United Auto Group
. ... CarMax is too far behind AutoNation, and you should pull the trigger right now."
: "Has gotten its act back together ... a great growth company. ... A bullish stock."
Level 3 Communications
: "LVLT is just terrific here ... it is going to be the bandwidth company of the future ... either acquired by a
... or cash flow positive by the end of the year." Cramer says LVLT remains his favorite under-$7 stock on "Mad Money."
*For all you home-gamers, a 'mon-back opportunity means Cramer would back up the figurative truck and load up on a stock.
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At the time of publication, Cramer was long Marvell Technology Group.
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