Cramer's 'Mad Money Lightning Round': Saks Appeal - TheStreet

Cramer's 'Mad Money Lightning Round': Saks Appeal

Cramer sees 4 to 5 points of upside in the high-end retailer.
Author:
Publish date:

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:

Saks

(SKS)

: "The company is

en fuego

. This is one of my favorite situations. ... Saks I think is going up 4 or 5 more points."

Gmarket

(GMKT)

: Cramer said it just reported a "horrible" quarter.

Sprint Nextel

(S) - Get Report

: "I was impressed about that last quarter ... really felt the company had lost its way

before that. They blew away the numbers. ... This company is doing everything right. I think Sprint is now a BuyBuyBuy, particularly under 20. That stock could go much higher."

Global Industries

(GLBL)

: "Part of the driller complex. I have been watching

GlobalSantaFe

(GSF)

,

Transocean

(RIG) - Get Report

and

Halliburton

(HAL) - Get Report

," the latter two Cramer has in his

Action Alerts PLUS charitable trust. Cramer said he would swap out of Global Industries and go into one of the three he mentioned.

Logitech

(LOGI) - Get Report

: "I'm surprised this stock isn't doing better ...

although they did miss the quarter. I think the stock is a buy. I'm not backing way from Logitech."

Dean Foods

(DF) - Get Report

: Cramer said the company is "all about" returning money to shareholders. "That special dividend plan is brilliant. ... That's a great company."

Image placeholder title

Genzyme

(GENZ)

: "I think you gotta buy this company. ... Genzyme's good,

Celegene's

(CELG) - Get Report

good,

Gilead's

(GILD) - Get Report

good. Bring 'em in, bring 'em in."

RF Micro Devices

(RFMD)

: "I would SellSellSell, and when it comes in, back to 6, that's when you pull the trigger."

Acorda Therapeutics

(ACOR) - Get Report

: "A very speculative stock. I'm reluctant to recommend it with a lot of the great biotech trading down."

Research In Motion

(RIMM)

: "I do think that RIM is a good place to be, not a great place to be. ... I can't recommend here. One of the few tech stocks that haven't come down enough to pull the trigger."

Walter Industries

(WLT)

: "That stock is an inexpensive stock. ... Too darn hard to understand. But I'm not backing away. There's a lot of value."

Baxter

(BAX) - Get Report

: "That along with

Bard

(BCR)

and

Becton Dickinson

(BDX) - Get Report

may be the three best medical stocks to play today. ... Baxter's a winner."

ExpressJet

(XJT)

: "DontBuyDontBuy."

MasterCard

(MA) - Get Report

: "You need to buy more MasterCard. I would pull the trigger multiple times."

Emerson Electric

(EMR) - Get Report

: "One of the best-run manufacturers in the country." Cramer also likes

Parker Hannifin

(PH) - Get Report

and

Illinois Tool Works

(ITW) - Get Report

.

Bristol-Myers Squibb

(BMY) - Get Report

: "Time to sell."

Pioneer Drilling

(PDC)

: "I do not want to see you in PDC."

Take-Two

(TTWO) - Get Report

: Cramer sees nothing to the core business.

Vail Resorts

(MTN) - Get Report

: "It's had a big run. ... That's a good stock on a pullback. I would have to BuyBuyBuy."

Regal Entertainment

(RGC)

: "These cinema companies are good. ... This one's got a nice dividend."

*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

clicking here

.

At the time of publication, Cramer was long Halliburton and 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."

None of the information contained in "Mad Money" constitutes a recommendation by Mr. Cramer, TheStreet.com 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 TheStreet.com, 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 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.