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Nikkei Closes 7% Lower After Volatile Session

It's Time for the Lightning Round!

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Published: Thursday, 26 Jul 2007 | 10:11 AM ET
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Amazon : On an unbelievable 25% gain, Cramer said, “sell half of Amazon and let the rest run.”

Baidu.com : This was a $130 stock that tacked on $90. As with Amazon, Cramer thinks the right move is to sell half and let the other half run.

Freeport-McMoRan : “The quarter was a thing of beauty,” Cramer said. This is still a stock to own. Copper and gold? “We need ‘em both.”

Intuitive Surgical : If you’re playing with the house’s money in ISRG, you can let it ride, Cramer said.

Human Genome Sciences : “You don’t mess with Human Genome Sciences,” Cramer said. “You buy some Celgene .”

Schlumberger : “Best in show.” In fact, SLB could be an $80 stock on its way to $120.

Ford : Cramer is sticking with CEO Alan Mulally, but he recommends the preferred stock over the common stock.

ING Group : Cramer doesn’t really care for this bank. He would rather go with Bank of America or Citigroup .

Hologic : “This is going to own women’s diagnostics,” Cramer said, and will go up huge once the deal with CYTYC closes.

Dominos Pizza : Cramer likes it, but he’d prefer to buy it under $20. “Be patient.”

Tata Motors : India is good, but because the rupee has become so strong, it isn’t great, Cramer said. He’s giving Tata Motors a “lukewarm buy” here.

Trinity Industries : Cramer is bullish on the rails – and this railcar maker.

Leucadia National : Cramer isn’t going to diss Leucadia but he’d rather you buy Brookfield Asset Management .

Spartan Motors : “This was a great trade that has since turned into a bad one,” Cramer said. He’s no longer bullish on Spartan Motors.

Nokia : “Do I like Nokia? Absolutely.”

Questions for Cramer? madmoney@cnbc.com

Questions, comments, suggestions for the Mad Money website? madcap@cnbc.com

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Amazon and Baidu, Bank of America and Citigroup, Caterpillar and Terex and more...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.
  Price   Change %Change
AMZN ---
BAC ---
BAM.A ---
BIDU ---
C ---
CAT ---
CELG ---
DPZ ---
F ---
FCX ---
HGSI ---
HOLX ---
IND ---
ISRG ---
LUK ---
NOK ---
SLB ---
SPAR ---
TEX ---
TRN ---

   
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