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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:
J2 Global Communications
: "This is one that I have missed and continue to miss. ... I don't understand why this is a good business at all. ... I don't get it."
: "It's a pharmaceutical Chinese play. ... I'm gonna stick to the four horsemen of China. ... I am not going down the food chain. That is all I'm going to recommend."
: "You know, I've missed this Russian market. ... I've been saying if you wanna play telco, you have to do it with
. I am worried about Russia. ... I am not going to recommend VIP."
Annaly Capital Management
: "Quarter-point rate cut, I think you pick up a buck and a half; 50 points, you're up tp $20 instantly. NLY is the best way to play the rate cut."
E-House (China) Holdings
: "Ixnay on China-nay. That market is way too high. ... I do not like China."
: "When I looked at
Perry Ellis International
, I said to myself should I look at this one? It was too small at the time. But I agree with you that it's an interesting speculation. But I would rather recommend it on
Speculation Friday than today."
: "Gary Rodkin, who is the terrific CEO of that company, actually used the phrase "through the roof" yesterday. ... But I am not recommending that stock. It is too hard to recommend any stock that is dependent on commodity prices because we have made it to expensive to feed anything."
: "I've not been a big buyer of touch screen. Don'tBuyDon'tBuy."
: "I think you should buy, take the other side of the trade. They have a really great deal with the iPhone. ... I'm giving you two thumbs up."
: "People are still after me, saying, 'Jim, you can't recommend it on a takeover basis.' ... The issue is scarcity. There are very few freestanding companies that can jump-start a Web site the way ValueClick can. ... I think ValueClick will be bought."
Research In Motion
, the three remaining horsemen. ... I think Apple is still in good shape. ... We said to take half off... I am sticking with the other half of Apple."
: "Yes! We like that, that is an infrastructure play. ... I put it in the
Procter & Gamble
: "Challenging quarter, I was disappointed. I always expected Procter could manage anything. It just shows you how bad things are right now. ... I would tell you to buy
. And I would rather own
. I would not recommend Procter and Gamble right now."
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At the time of publication, Cramer was long Altria.
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