Cramer's 'Mad Money Lightning Round': Hold On to Sears Holdings

Cramer urged patience with the stock, which he said could be the next Berkshire Hathaway.
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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" Thursday evening:

Integrated Device Technology

(IDTI) - Get Report

: "There are so many semis that I'm warming up to." But Cramer said IDT is a Don'tBuy. He prefers

Texas Instruments

(TXN) - Get Report


National Semiconductor



Grey Wolf


: "I would ring the register on Grey Wolf." Why not buy


(HAL) - Get Report

instead, Cramer said. Cramer owns Halliburton for his

Action Alerts PLUS charitable trust.

Gerdau AmeriSteel


: "This is one of my favorite steel stocks in the world." Cramer likes

US Steel

(X) - Get Report


Allegheny Technologies

(ATI) - Get Report

, too.


Sears Holdings


, more than any other company, domestically, could be the next

Berkshire Hathaway


. ... Eddie Lampert is a terrific investor, and he's the brains behind Sears. ... I am urging patience. I don't want people to quit Sears." Cramer owns Sears for Action Alerts PLUS.

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Pepsi Bottling Group


: "I've historically liked the bottling companies less than the parent companies." Cramer would rather be in


(PEP) - Get Report


Smith & Wesson


: "I blew this one. ... I liked this stock at 5. It got to 12, and I rang the register." The stock's now at 16. "I stand corrected."


(AAPL) - Get Report

: "Here's what I think happens: Stock has a sudden spike up

on the iPhone release. Then you've got to let some go again." Cramer recommended getting back in once the stock drops back down. "Three months from now, Apple will still be higher. The company knows the industry."


(SBUX) - Get Report

: Cramer said he hates to be a downer, "but I felt that Starbucks at 35 had peaked ... and that was right. Now the stock has plummeted ... all the way down to 26. It's down 9 points, and you know what? It's still not right. 24, 25 -- then maybe."

Cramer was also bullish on


(COST) - Get Report



(INTC) - Get Report


Brookfield Asset Management

(BAM) - Get Report

. He was bearish on

Whole Foods Market



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 Sears and Halliburton.

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.