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:
( DEEP): "This is part of the hurting part of the complex that is oil and oil services. It has too much domestic. ... DEEP is in North American oil, which is bad, which is why it's been such a bear and why I can say Don'tBuyDon'tBuy."
: "I gotta tell you something, I just felt awful. I banked with these guys last quarter, they said this quarter was gonna be better. ... I am in the House of Pain Corning and I'm not gonna invite you into it. ... I will wait till it hits $22 and then I will trade around it. ... I got Corning wrong."
: "That is not
. I don't want you buying Accuray. I want you buying Intuitive. It's cheap. I know it doesn't look cheap, but it is."
: "Let me tell you something, this guy named Chuck Phillips
Oracle president, he runs Oracle day to day. I met him, and I said I want to bank with this guy. ... That guy is money in the bank and so is Oracle. ... I wish I had been pounding the table on Oracle. I missed Oracle, and that was my bad. ... I think it goes to $25, so it's not too late. BuyBuyBuy."
( CML): "It could be a mini-
. That's what people are thinking. ... It just simply isn't as good as the original, which is VMware. ... I think VMware is going higher. I'd rather see you in that."
Level 3 Communications
: "I had a good one in Level 3 and I got greedy. ... This is mea culpaville. ...
Chief Executive Officer Jim Crowe got sick; he's back to work ... the quarter just got downgraded. ... I believe in LVLT, but they've missed, and until Jim Crowe picks up the phone and calls me and tells me what's going on, I am high and dry LVLT and I don't like it."
Martha Stewart Living
: "No, no, that one's not working. There was a great-short squeeze going on there for a while, and then it just hit a wall. I cannot in good conscience recommend that $12 stock."
Want more Cramer? Check out Jim's rules and commandments for investing from his latest book by
At the time of publication, Cramer was long Corning.
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."
None of the information contained in "Mad Money" constitutes a recommendation by Mr. Cramer, TheStreet.com 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 TheStreet.com, 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 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.