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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" Monday evening:
: "The new use of their stainless" is for the pipes needed to make ethanol, Cramer said. "Allegheny Tech is going higher."
: "Had the single-best quarter of any driller in the previous quarter. All that's happened is they've taken in more business." Cramer has the stock in his
Action Alerts PLUS charitable trust.
: "Strictly in the sell camp on this. ... I do not like alternative energy as it is currently configured in this country. ... They need government support, and I am a rapacious capitalist."
is so good that they're doing the triple play
cable TV, Internet and telephone ... about to become the next
. You pull the trigger. Have faith in Virgin Media."
Helmerich & Payne
: "I regard HP as being a Gulf of Mexico play, and I cannot" recommend it, Cramer said.
New Century Financial
: "You should sell that stock. ... I think that company is the definition of trouble." Cramer told the caller he'd be better off in
at 115 is just a huge buy. ... They are the ultimate play, with the exception of
, for baby boomers in terms of physical." As for baby boomers' mental fulfillment, Cramer likes the financials, in particular
T. Rowe Price
: "Use the weakness in Microsoft to buy the stock, not to grouse about the stock. This is one of America's greatest companies, and it's on a discount."
: Cramer said he prefers
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At the time of publication, Cramer was long Transocean.
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.