Lightning Round for Monday, May 7, 2007 - Lightning Round

FEATURED SLIDESHOW

  Who Is The Worst CEO?
Mad Money needed new inductees for its
Wall of Shame, so we asked viewers for
  nominations.

RECENT POSTS

Get stock and market information from Mad Money's Jim Cramer sent to your mobile phone.

Road Rules

Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.

Watch the Videos

Text Size

May.07

7:27 PM ET

Monday, 7 May 2007

It's Time for the Lightning Round!

Posted By:Carlo Dellaverson

Topics:Stock Picks | Stock Market

Sirius Satellite Radio [SIRI Loading... () ]: Cramer believes if the merger with XM [XMSR Loading... () ] goes through, “you would have an overnight $6 stock” in Sirius. But because of all the government hearings, he’s nervous it might not happen. The spread is 80 cents down, $3 up on the merger, he says. The problem is that the 80 cents could come first. SIRI is a "don’t buy."

American Tower [AMT Loading... () ]: “I want to reiterate that American Tower is best in show.”

Rosetta Resources [ROSE Loading... () ]: “This company is worth a lot more than it’s selling for. I want you in that stock, and I want you in it here.”

Capital One Financial [COF Loading... () ]: While Cramer likes the credit-card business long term, Cap One has mortgage problems. The stock was recently sold from Cramer's charitable trust, and he is no longer bullish on it.

Daktronics [DAKT Loading... () ]: “I’m down on these guys,” Cramer says. The opportunity cost for being in Daktronics is too high right now, and he recommends selling it.

Schlumberger [SLB Loading... () ]: “I believe Schlumberger is going higher. I want you in that stock, but let’s wait for some weakness,” Cramer says, since the stock is on its high right now.

Verasun Energy [VSE Loading... () ]: Cramer isn’t bullish on any ethanol plays right now. He would much rather own Deere [DE Loading... () ], which he says is the only game in town other than Mosaic [MOS Loading... () ].

Incyte [INCY Loading... () ]: This is a speculative stock, and it’s doing fine, Cramer says. “I’m not backing away.”

Reliance Steel [RS Loading... () ]: Cramer likes RS as well as Allegheny Technology [ATI Loading... () ]. He says stay long both – “The steels are going higher.”

Click for the rest of tonight's show

Dendreon [DNDN Loading... () ]: “I don’t want to touch it. I think it has gotten too expensive.” Cramer doesn’t think there’s anymore upside, even with the final approval of Provenge.

U.S. Gold [UXG Loading... () ]: When it comes to gold, Cramer likes Yamana Gold [AUY Loading... () ] first, then Kinross [KGS Loading... () ], and Golden Star Resources [GSS Loading... () ] as a speculative play.

Jim’s charitable trust owns Halliburton.

Questions? Comments?

Tools:

Print Email

Previous Post Back to Main Page

ADD COMMENTS