Mad Money: Lightning Round for Tuesday, Aug. 28, 2007 - Lightning Round

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Aug.28

7:49 PM ET

Tuesday, 28 Aug 2007

Cramer's Lightning Round

Posted By:Tom Brennan

Topics:Stock Picks | Stock Market

Elan [ELN Loading... () ]: Cramer recommended Biogen and Celgene instead.

Micron Technolgy [MU Loading... () ]: Worst of breed, Cramer said. NVIDIA [NVDA Loading... () ], Texas Instruments [TXN Loading... () ] or Intel [INTC Loading... () ] are better.

Merck [MRK Loading... () ]: “I think it’s time to sell Merck.” Go with Schering-Plough [SGP Loading... ()

] instead, Cramer said.

Amazon.com [AMZN Loading... () ]: This is a house-of-pain stock right now, but once the smoke clears and this market evens out, Cramer thinks AMZN will move again.

UIL Holdings [UIL Loading... () ]: The utilities are good here, Cramer said, and he likes the 5% yield. He also likes ConEd [ED Loading... () ].

Casual Male Retail [CMRG Loading... () ]: The only retail companies Cramer can get behind right now are American Eagle Outfitters [AEO Loading... () ], Kohl’s [KSS Loading... () ] and Gap [GPS Loading... () ].

O Charley's [CHUX Loading... () ]: “Casual dining is just absolutely awful right now.” Cramer likes Chipotle [CMG Loading... () ] instead.

Qualcomm [QCOM Loading... () ]: QCOM must settle its legal troubles before investors will be willing to put money in this stock, Cramer said.

Wal-Mart [WMT Loading... () ]: Don’t buy.

Burger King [BKC Loading... () ]: “Great company.” This is the one part of the restaurant group that’s doing well, Cramer said.

Click for the rest of tonight's show

Xcel Energy [XEL Loading... () ]: Cramer said this is a great utility, but again, he likes ConEd’s yield better.

Hawaiian Electric Industries [HE Loading... () ]: Cramer won’t give up on the company because of its 6% yield.

EMC [EMC Loading... () ]: EMC is undervalued, Cramer said. Under $19, he called the stock “a gift.”

Jim’s charitable trust owns EMC.

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