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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:
Bank of America
: "The BKX
bank index did a double top today. ... I think that Bank of America goes back to 49."
: "A great stock. Let it come in. I would buy that stock at 63."
: "I need you to sell it. ... I was flummoxed, if not downright nonplussed, after their report."
: "I'm sticking with Sears for my
Action Alerts PLUS charitable trust ... and I'm gonna do a 'mon back* if it gets hit."
: "I think that people now recognize that Exxon's better than it used to be."
: "I'm worried about Loop. I don't like the real estate market. ...
, they got the Lending Tree," Cramer offered, if you're gonna play that space.
: "I think it's our own version of
without the Weimar Republic overtones."
: "The best in show for the vicious competition in the teen retail market. ...
are my favorites
for younger kids."
: "You know what I'm gonna send you to when I hear climate control? ... I would rather see you in
," which just announced a huge layoff.
: "I'm scared of that one. ... I think the play has been made."
: "No. ... If you're gonna get into that artificial this, artificial that, I'm gonna send you to
because they had the best quarter of that whole lot."
: "I think Mirant is worth a lot more than what it's selling for."
: "Was a great story. The story has peaked."
New Century Financial
: "After today's unbelievable disappointment with
Accredited Home Lending
, an incredible blowup ... I am scared of New Century."
: "Very hard for me to recommend it."
Black & Decker
: "I have never seen a stock sink like this. ... At a certain point, you have to buy this. ... It's got a 9 P/E ... At 60 bucks, I'm pulling the trigger and going to buy."
Cramer was bullish on
Bank of America
The Children's Place
( MIR) and
Black & Decker
Cramer was bearish on
American Eagle Outfitters
New Century Financial
*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 Sears Holdings.
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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