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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:
Nasdaq Powers Past Record High Amid Bond Market Lull; Tesla Extends Gains
With investors content to buy into Fed Chairman Jerome Powell's inflation optimism, bond markets are holding steady and stocks are looking to test fresh record highs.
: "It's OK ... as long as the consumer's out there spending ... going to a lot of restaurants ... the problem is they're not going to restaurants as much. Don'tBuy."
: "It's a very technical situation. ... If the
cuts 50 basis points, Countrywide will work."
: "Not to be confused with
which would be a disaster to buy. ... I think it's unbelievably strong ... you should get in right here. ... CVS remains one of my favorite stocks in this environment." Cramer owns CVS for his charitable trust,
Action Alerts PLUS.
: "That was a monster-good quarter. That was an Hallelujah, All-Aboard quarter. ... That company is smoking. ... It's not done. I wanna own Hewlett-Packard ... and so should you." Cramer does own H-P for his Action Alerts PLUS.
: "I thought that the new management team would turn things around ... Monster and
remain challenged. ... Monster, I still think, is being set up to be bought."
: "Let me be very clear. I have disliked Boston Scientific for more than 10 points. ... If you want to be in that cohort, it's gotta be S-T-J,
: "You know I'm gonna send you immediately to
. ... I'm willing to have you in
, cause that's copper and gold."
: "This is a great opportunity. ... In the last three days ...
went from $138 to $127 because they did financing. ... At $128, it's like buying Schlumberger at $85 and Schlumberger's at $95. ... I want to buy more but I keep talking about
Transocean, so I'm frozen."
: "In this market, it's too hard for me. ... I do not want to buy Taser here. Don'tBuy. ... If you want to be in that kind of eclectic area ... buy
*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 CVS Caremark, Hewlett-Packard, Freeport McMoRan, Transocean and and Raytheon.
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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