Mad Money: Lightning Round: Harman, Altria, E*Trade and More - 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

Sep.26

3:22 PM ET

Wednesday, 26 Sep 2007

Lightning Round: Harman, Altria, E*Trade and More

Posted By:Tom Brennan

Topics:Stock Picks | Stock Market

Cramer started Tuesday's Lightning Round with a mini Sell Block. He recommended taking profts in Baidu.com and Focus Media, which are up 116% and 28% respectively since June 13. Holders of BIDU should sell enough to regain the capital invested but let the rest run, he said. Owners of Focus should take half off the table.

Harman International [HAR Loading... () ]: Cramer said it’s best to wait until the end of the year before looking to buy HAR.

Arris Group [ARRS Loading... () ]: Cisco Systems [CSCO Loading... () ] is a better pick. “We bank with John Chambers,” Cramer said.

AK Steel [AKS Loading... () ]: Cramer recommended owning AKS on the potential for a takeover.

Global Payments [GPN Loading... () ]: “I’m not really interested in Global Payments.”

Melco [MPEL Loading... () ]: Go with Wynn [WYNN Loading... ()

] and Las Vegas Sands [LVS Loading... ()

] instead, Cramer said.

Republic Services [RSG Loading... () ]: Waste Management [WMI Loading... ()

] is the best-of-breed stock in this space.

Altria [MO Loading... () ]: “That stock is just in a resting pattern…stick with that one, and buy more Altria if it goes below $65.”

Intuitive Surgical [ISRG Loading... () ]: “One of the great growers,” Cramer said.

E*Trade [ETFC Loading... () ]: Investors could start to build a position in ETFC, Cramer said, but he isn’t bullish on the stock just yet. He said he doesn’t think it goes below $9.

Freeport-McMoRan [FCX Loading... () ]: Cramer expects FCX to go $120, but he wouldn’t frown on investors taking profits.

GigaMedia [GIGM Loading... () ]: Again, Cisco is the better play, Cramer said.

hhgregg Inc [HGG Loading... () ]: Cramer likes Best Buy [BBY Loading... () ] or Lululemon [LULU Loading... () ] better.

Click for the rest of tonight's show

Buffalo Wild Wings [BWLD Loading... () ]: BWLD failed to deliver on the quarter, Cramer said. He recommends swapping out of Buffalo Wild Wings and moving into Chipotle [CMG Loading... ()

] instead.

Garmin [GRMN Loading... () ]: Cramer likes the stock, but not when it’s up $4 today.

Jim's charitable trust owns Altria and Freeport-McMoRan.

Questions for Cramer? Questions, comments, suggestions for the Mad Money website?

Tools:

Print Email

Previous Post Back to Main Page

ADD COMMENTS