Lightning Round for Tuesday, April 10, 2007 - Lightning Round

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Apr.10

6:48 PM ET

Tuesday, 10 Apr 2007

It's Time for the Lightning Round!

Posted By:Tom Brennan

Topics:Stock Picks | Stock Market

Megellan Mid [MMP Loading... () ]: Cramer says that the company has enjoyed a decent run and that it's time for a schnitzel. “Start playing with some of the house's money.”

ViroPharma [VPHM Loading... () ]: “You know, I got hurt so bad by this stock, to tell you the truth, I feel like I shouldn’t really pine on it. It is not best of breed.” Cramer would rather see investors in Celgene [CELG Loading... () ], or in Incyte [INCY Loading... () ] or Nastech Pharmaceutical [NSTK Loading... () ] for speculation.

Opnext [OPTX Loading... () ]: “I’d rather see you in Corning [GLW Loading... () ]. I’m not kidding. I think it’s got some of the same end markets, and it’s a better play.”

WR Grace & Co. [GRA Loading... () ]: This stock is up 108% year-over-year, and Cramer doesn’t think it’s done going up.

Quicksilver [ZQK Loading... () ]: If you’re looking for advice on specialty apparel stocks, Cramer says to look elsewhere. He thinks they’re just too dangerous, so he’d recommended staying away from Quicksilver.

Level 3 Communications [LVLT Loading... () ]: Cramer loves this stock. It’s already up about 10% this year, and he says the recent pullback is a chance for Home Gamers to buy more. “You know I think it goes higher.” Cramer also highlighted another stock he likes, Rite Aid [RAD Loading... () ]. He says CEO Mary Sammons just doesn’t get the respect she deserves.

Best Buy [BBY Loading... () ]: “Is there a day that this stock doesn’t go down after that great quarter? I gotta tell you, retail's become very tough.” Cramer thinks next week’s options expiration could drop the stock to $45 from its present level of $47 and change, so he’s advising investors to wait to pull the trigger.

Manulife [MFC Loading... () ]: “Finally, a best in show name!” Cramer’s bullish on this one.

CVRD [RIO Loading... () ]: “CVRD, RIO, at 40 bucks is still a buy … RIO is going much higher.”

Halliburton [HAL Loading... () ]: This is one of Cramer’s three favorite value stocks. “It’s not done going up.”

Six Flags [SIX Loading... () ]: Cramer likes Mark Shapiro, the CEO, and he says the stock is a buy at $6.

Taiwan Semiconductors [TSM Loading... () ]: “It’s not going to go down a lot because it has a 3% yield, but I am not going to be tricked into recommending a tech stock … I want you to stay away from tech.”

Jim's charitable trust owns HAL.

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