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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:
: "This is a bank that is so on its game. I wish that Jamie Dimon would merge with
. ... When Chuck Prince decides that he is ready to roll
leave, Citi goes to 60." Cramer owns Citigroup for his
Action Alerts PLUS charitable trust.
: "Bullish at 12 , we caught the double. ... We are not pulling the trigger now. Why? There's too much hot money in Jones."
Melco PBL Entertainment
: "Here it is at 14, and I still dislike it. I say ixnay on the Melconay."
: "4% yield, tremendous growth ... the growth that Chuck Prince dreams about. I say Kookmin is still a buy."
Johnson & Johnson
: "Only reason why it's up where it is is because Warren Buffett keeps buying the stock." Cramer said that historically if you buy a stock the day Buffett announces he did, "you have severely underperformed the
. ... J&J has been reduced to a pitiful, helpless giant. ... They have had a terrible run with the anemia drug. ... I say use the strength to sell to the power of nine."
Golden Star Resources
: "Every single gold stock is down. ... Every one of these gold stocks is trading together. I would pick my spots and start buying some more. ... Time to buy some. Don't forget
( BRLC): "Sell it nine ways to Sunday."
National Oilwell Varco
: "This stock is at 90. ... I am going to advise you to take a little off. ... Only rig maker left in this country, and I think that stock is going higher. But I am a prudent man. ... I want to take a little off the table."
: "The cheapest of defense stocks. ... This company is so darn cheap, and they're getting out of the extraneous business ... they're buying back stock. ... I think he's
CEO William Swanson a moneymaker ... going to 60."
( NMX): "I like the Merc very much."
: "When you're 3 points off the high, I can't call that the House of Pain. ... I think Volcano is a terrific play."
: "One of these days ... newspaper companies are gonna come to their senses" and buy Monster for the classified ads before
does. "I want you to hold onto it."
Cramer also was bullish on
*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 Citigroup.
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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