Skip to main content

Cramer's 'Mad Money Lightning Round': Celgene's a Buy

It's at another 52-week high, Cramer says, and management's terrific.

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" Monday evening:



: "I think that there's so many better plays in the alternative energy sector.




First Solar's


better. I have to say ixnay on yours. I'd rather go with mine."

XM Satellite Radio


: "I happen to like



Scroll to Continue

TheStreet Recommends

better than XM. If the deal fails, Sirius will be more likely to survive than XM. So let's get rid of XM, and let's buy Sirius."



: "I think Sam Zell's gonna find that 34 bucks. I think he's gonna do it, because he is a man of his word. Because of that, if I were an arbitrageur, I would be in the stock. But I don't recommend that, so that's why I've been saying sell it if you're an employee."



: "I don't have a good view of this stock right here, so I am going to say Don'tBuy. ... It's too hard for me."



: "I don't want to walk away from Cummins. I still think it's a world-dominating company. ... But I've been saying, my theme tonight is take a little off the table. ... The overall market could go down 1% to 2%."



: "They're doing everything right. My problem is I think the stock reflects that they're doing everything right. I would rather be a seller than a buyer after that better-than-expected quarter."

CIT Group


: "If they sell the company, you get 50. If they don't sell it and the economy doesn't pick up, you get 30. ... 8 down, maybe 11 up -- that's not a good risk/reward. I am telling you right here, do not buy CMT."



: "I have to tell you, I have not liked Amgen as much as



. Today, Celgene made another great bet. .. Celgene, another 52-week high. ... I'm sticking by my Buy, and I'm sticking by the management of Celgene, which is terrific."



: "I think we're starting to put behind the notion that this is just an American housing play. ... I do believe that CAT goes down before it goes up. ... Let it come in." Cramer owns Caterpillar for

Action Alerts PLUS, his charitable trust.

Image placeholder title

Arcelor Mittal


: "I think you've had it. That stock is just ramp, ramp, ramp. ... I'd rather buy the U.S. steel companies."

China Finance Online


: "What an explosive stock that's been. ... That's a home run. ... You bought the stock below $10. Now, this is what you do. ... You take out every penny that you put in. ... The rest, you let run. You will never lose money. You've taken it out. ... That's the way you play it in Cramerica."

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 Caterpillar.

Jim Cramer, host of the CNBC television program "Mad Money," is a Markets Commentator for, Inc., and CNBC, and a director and co-founder of All opinions expressed by Mr. Cramer on "Mad Money" are his own and do not reflect the opinions of 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, 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 is related to the specific opinions expressed by him on "Mad Money."

None of the information contained in "Mad Money" constitutes a recommendation by Mr. Cramer, or CNBC that any particular security, portfolio of securities, transaction, or investment strategy is suitable for any specific person. You must make your own independent decisions regarding any security, portfolio of securities, transaction, or investment strategy mentioned on the program. Mr. Cramer's past results are not necessarily indicative of future performance. Neither Mr. Cramer, nor, nor CNBC guarantees any specific outcome or profit, and you should be aware of the real risk of loss in following any strategy or investments discussed on the program. The strategy or investments discussed may fluctuate in price or value and you may get back less than you invested. Before acting on any information contained in the program, you should consider whether it is suitable for your particular circumstances and strongly consider seeking advice from your own financial or investment adviser.

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 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, 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.