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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" Wednesday evening:
Great Lakes Dredge & Dock
: Cramer likes Great Lakes here. "Pull the trigger."
( GNA): "I like steel. ... I like Gerdau." Cramer also likes
( ALY): "Good but not great." With
so cheap, Cramer said to go with that instead. He owns Halliburton for his
Action Alerts PLUS charitable trust.
Warner Music Group
( WMG): "That stock at a 52-week low is just an unbelievably bad stock."
Air Products & Chemicals
: "Air Products is one of the best-run companies that is precisely the kind of company you want to own. ... This is a great American company. ... I think you could tack on 20 more points before that stock got too expensive. Air Products is for me!"
: "I don't want to be stuck in dead money."
: "I think you've got horse sense. That's a real good company. ... PetSmart is one of the few retailers that I'm still recommending," in addition to
. Cramer owns Sears for Action Alerts PLUS.
( OXPS) is one of the cheapest broker stocks."
Aventine Renewable Energy
( AVR): "Don't even look at it."
Jack in the Box
( JBX): "You hold it because Jack in the Box is one of the best chains on earth." It might not be as good as
Chipotle Mexican Grill
, Cramer said, but "Jack in the Box is money in the bank."
: "I'd rather see you in Allegheny or Reliance."
( CMGI): "It's just not for me. ... If we're going to go down-and-dirty spec, I come back with
*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 from his latest book by
At the time of publication, Cramer was long Halliburton and Sears.
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."
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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.