Here's what Jim Cramer had to say about some of the stocks offered up by callers on the "Mad Money Lightning Round": KeySpan ( KSE): "I'm gonna give it the two thumbs up but not way up." Skyworks Solutions ( SWKS): "It's a fourth-quarter story. ...Do not give up on Skyworks. If anything give it a 'mon back*." *For all you home-gamers, a 'mon-back opportunity means Cramer would back up the figurative truck and load up on a stock.
Lightning RoundBullish Cramer was bullish on Bristol-Myers Squibb ( BMY), Gillette ( G), KeySpan ( KSE), Skyworks Solutions ( SWKS), Tesoro ( TSO), Frontier Oil ( FTO), Penn National Gaming ( PENN), Duke Energy ( DUK), Syneron Medical ( ELOS), Patterson-UTI Energy ( PTEN), General Dynamics ( GD), Ruth's Chris Steak House ( RUTH), Georgia-Pacific ( GP), Weyerhaeuser ( WY), Plum Creek Timber ( PCL), Lucent Technologies ( LU), CNET Networks ( CNET), Charles Schwab ( SCH), Genentech ( DNA), Amgen ( AMGN), Celgene ( CELG), Exelon ( EXC), Ballard Power Systems ( BLDP) and Sears Holdings ( SHLD). Bearish Cramer was bearish on Reebok International ( RBK), Shanda Interactive Entertainment ( SNDA), Adobe Systems ( ADBE), Forward Industries ( FORD), Allegheny Energy ( AYE), Limited Brands ( LTD), VeriSign ( VRSN), Allied Waster ( AW), Stryker ( SYK), OSI Pharmaceuticals ( OSIP) and Air T ( AIRT).
Interested in more Cramer? Check out Jim's rules and commandments for investing from his latest book by clicking here. It's a series of articles from Cramer on how to become a better investor. The following table lists some of the rules that Cramer dissects.
|1.||Pigs Get Slaughtered||2.||It's OK to Pay the Taxes|
|3.||Don't Buy All at Once||4.||Buy Damaged Stocks|
|5.||Diversify to Control Risk||6.||Do Your Homework|
|7.||Don't Panic||8.||Buy Best-of-Breed|
|9.||Defend Some Stocks||10.||Don't Bet on Bad Stocks|
|11.||Own Fewer Names||12.||Cash Is for Winners|
|13.||No Regrets||14.||Expect Corrections|
|15.||Know Bonds||16.||Don't Subsidize Losers|
|17.||No Room for Hope||18.||Be Flexible|
|19.||Quit When Execs Do||20.||Patience Is a Virtue|
|21.||Be a TV Critic||22.||When to Wait 30 Days|
|23.||Beware the Hype||24.||Explain Your Picks|
|25.||Find the Bull Market|
|Check back for more of Cramer's Rules|