Cramer's 'Mad Money Lightning Round': Strike Gold With Southern Copper - TheStreet

Cramer's 'Mad Money Lightning Round': Strike Gold With Southern Copper

Cramer said that this 'monster' is on the move.
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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:

Target

(TGT) - Get Report

: "52-week high, took everybody by surprise, up $4. ... The stock has had a major move. I think it's time to do a little schnitzel. ... How about taking a little big of money out of Target and putting it into

Wal-Mart

(WMT) - Get Report

."

Juniper Networks

(JNPR) - Get Report

: "52-week high. ... Juniper's just simply not as good as

Cisco Systems

(CSCO) - Get Report

. ... Swap out of the Juniper. Move into the Cisco."

Acadia Pharmaceuticals

(ACAD) - Get Report

: "Lots of ways to win. ... However, this group is under a cloud. ... You need to be patient, but I reiterate buy Acadia Pharma." He reminded viewers that Acadia is a speculative name, so it shouldn't take up more than 20% of their portfolios.

Omniture

(OMTR)

: "There is nothing like Omniture. It is the super-Nielsen of the Web. ... Stick with Omniture."

TOP Tankers

(TOPT)

: "All tanker stocks are hitting their 52-week highs. ... Yours doesn't pay the big dividend, but I'm not going to move away from that dry bulk group. It's really terrific."

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Advanced Micro Devices

(AMD) - Get Report

: "I like semiconductors. ... Far be it from me to recommend selling any semiconductor stock."

XM Satellite Radio

(XMSR)

: "There's no way we can be in that. ... I'm going to give you a Don'tBuy."

Cal Dive International

(DVR)

: "The perfect stock to own going into hurricane season. ... I like that stock, but people know I like the group."

Hercules Offshore

(HERO)

: "That symbol is HERO. It is my hero. ... As good as HERO is, I am still going to tell you that" RIG, KMX?, and Schlumberger are better.

Diageo

(DEO) - Get Report

: "I think Diageo's just OK here," Cramer said. He owned it for his

Action Alerts PLUS charitable trust and rang the register at this spot, so he can't recommend it here.

Southern Copper

(PCU)

: "It's a monster! It's on the move!" Cramer also likes

Freeport McMoRan Copper & Gold

(FCX) - Get Report

, which he owns for Action Alerts PLUS.

Cramer was also bullish on

EMC

(EMC)

,

Frontline

(FRO) - Get Report

,

Transocean

(RIG) - Get Report

,

Global Santa Fe

(GSF)

and

Schlumberger

(SLB) - Get Report

. He was bearish on

Sirius Satellite Radio

(SIRI) - Get Report

.

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 Freeport-McMoRan 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.