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It's Time for the Lightning Round!

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Published: Tuesday, 7 Aug 2007 | 7:56 PM ET
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Chesapeake Energy : Cramer thinks the entire natural gas complex is “ridiculously too low.” Chesapeake is a great driller with great assets, he said, and it is “way too cheap.”

Wynn Resorts : “Macau gambling is for real,” Cramer said. He’s bullish on Wynn and Las Vegas Sands .

Zebra Technologies : Cramer thinks the “barcode business” has peaked, and he doesn’t want to be in Zebra.

Apache : “I like Apache,” Cramer said. “It has oil, it has gas and it’s right … it is beaten down, and I would pull the trigger today.”

Helix Energy : This is a “very inexpensive stock,” Cramer said, but Schlumberger is best-of-breed, and it’s only selling at 17 times earning. How could he not recommend SLB?

Shaw Group : “The infrastructure bull market is probably the strongest bull market on earth,” Cramer said, and Shaw is on a “remarkable run.”

DaimlerChrysler : Cramer thinks DCX will be better without Chrysler, but he’s not sure about Bob Nardelli as CEO. “The Nardelli selection was part of just an overall really bad day in the market,” he said.

Haynes International : Cramer was looking for a better number for HAYN. “I didn’t get this right.” He’s reiterating that Boeing is a buy, and the orders will eventually trickle down to Haynes and others, but they haven’t yet.

Starbucks : “It’s gotten much cheaper, but it’s still really expensive,” Cramer said. He’ll consider pulling the trigger when SBUX hits $23.

Juniper Networks : Cramer would sell Juniper and buy Cisco , even above $31.

Weyerhaeuser : “If you need to be in that industry, Temple-Inland remains my favorite,” Cramer said.

Level 3 Communications : “We are waiting for the bandwidth shortage,” Cramer said. “But I am not backing away.”

Garmin : Garmin had one of the four best quarters Cramer saw. The others came from Crocs , Under Armour and Chipotle . “Garmin is a keeper!”

Questions for Cramer? madmoney@cnbc.com

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

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Daimler, Juniper, Garmin 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
APA ---
CHK ---
CMG ---
CROX ---
CSCO ---
DAI ---
GRMN ---
HAYN ---
HLX ---
JNPR ---
LVLT ---
LVS ---
SBUX ---
SGR ---
SLB ---
TIT ---
UA ---
WY ---
WYNN ---
ZBRA ---
BA ---

   
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