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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:
: "No, no, no." Cramer instead recommended
, which he owns for his
Action Alerts PLUS charitable trust. "This is an absolutely great deal. Hologic at 55 is the way to go."
: "Goes to 200. Do not dare leave MasterCard yet. We are now up 100 points in this stock, and we are not done." Cramer recommended a schnitzel. "If you are still playing with lots of money in this and not the house's money, then that's a mistake. Take some off the table tomorrow."
Golden Star Resources
: "I have liked, as a gold company,
." But Cramer says he stands by his recommendation of Golden Star as a speculative play. "I've hurt a lot of people in it. But it's a spec game ... so I'm not backin' down."
: "This one makes a lot of money. 8% yield. It's a keeper. I think you've got a good one. I like this stock very much."
: "I think BUCY is part of the amazing resurgence of American manufacturing. This and
are fantastic mineral plays. ... Do not sell that stock. ... Could indeed trade up 15 more points."
: "I've been too negative on Elan. ... That stock is going higher."
: "It's related to video graphics, but I like
. It's related to multimedia, but I'd give you
." Cramer also recommended
. "I like all three better than your play."
: "You're coming a little late there. Terex is up just gigantically. ... Far be it from me to tell you that I don't like Terex ... but after this run, I like
more. Caterpillar is up much less." He'd wait for a pullback to pull the trigger on Terex. Cramer owns Caterpillar for Action Alerts PLUS.
: "Does not need a takeover to send it higher. This is a well-run company that should be trading higher as is."
: "The last couple of months have been bad. They all want to dump on Mike Ullman. ... Far be it for me to stand in front of a freight train, but I will," Cramer said, because he thinks CEO Ullman is going to push J.C. Penney back to its 52-week high. "I'm not backing away. I'm backing up the truck.*"
: "52-week high. Nah, not for me. I'm not going to give you that one."
: "People are too short this stock. I think the stock has 3 up and 2 down. ... I'm thinking that if
Accredited Home Lenders
was able to put together that deal, we don't want to bet against NovaStar anymore. I can't recommend the stock because the balance sheet is too bad, but I'm not going to sell."
Melco PBL Entertainment
: Cramer said he'd recommended this stock on its IPO. "I screwed up. I cut my losses at 18, because I realized these guys were pathetic. ... These guys are not for me. ... No, don't stay with MPEL."
*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 Hologic and Caterpillar.
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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