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Here's what Jim Cramer had to say about some of the stocks that callers offered up on the "Mad Money Lightning Round" Tuesday evening: Ship Finance ( SFL - Get Report): "No way. No how. I want out." Sara Lee : "They wouldn't know good news if it hit them with a sausage. This is the Laurence Olivier of stocks. It's that bad of an actor. (Just kidding. He was great.)" Dresser-Rand ( DRC): "I think Dresser-Rand is a good stock. They reported a good quarter and didn't get any response to that. I'm sticking with it." Intel ( INTC - Get Report): "When you look at the lease on this House of Pain, you know whose name is on it? Mine."
Lightning RoundBullish Cramer was bullish on Viacom ( VIA - Get Report), Bancolombia ( CIB - Get Report), Banco Bradesco ( BBD), JDSU ( JDSU), Genentech , CMS Energy ( CMS - Get Report), Procter & Gamble ( PG - Get Report), Microsoft ( MSFT - Get Report), Dresser-Rand Group ( DRC), Quest Diagnostics ( DGX - Get Report), Union Pacific ( UNP - Get Report), Peabody Coal ( BTU - Get Report), Southern Copper Intel ( INTC - Get Report), Wachovia ( WB - Get Report) and HDFC Bank ( HDB - Get Report). Bearish Cramer was bearish on Avon Products ( AVP - Get Report), General Motors ( GM - Get Report), Nvidia ( NVDA - Get Report), SuperGen , Ship Finance ( SFL - Get Report), Sara Lee , Serena Software ( SRNA), IRIS International , Goodyear Tire & Rubber ( GT - Get Report), SunTrust Banks ( STI - Get Report), Teva Pharmaceutical Industries ( TEVA - Get Report) and Chesapeake Energy ( CHK - Get Report).
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|