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Lightning Round: Frontline, China Mobile, Foster Wheeler and More

Published: Wednesday, 24 Oct 2007 | 10:38 AM ET

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By: Tom Brennan
Web Editor, Mad Money

To start Tuesday’s Lightning Round, Cramer revisited his Four Horsemen of Tech: Research in Motion, Amazon.com, Google and Apple, which are up 127%, 40%, 30% and 51%, respectively.

Amazon [AMZN Loading... () ] didn’t report a quarter to Cramer’s liking, so he recommended ringing the register. Homegamers should take some profits in Research in Motion [RIMM Loading... () ] and Apple [AAPL Loading... () ] too, as much as half in the latter. But holders of Google [GOOG Loading... () ] can let it ride, he said.

Frontline [FRO Loading... () ]: “Frontline’s really good.” Cramer recommended buying some FRO.

Parker Hannifin [PH Loading... () ]: Cramer loved the quarterly earnings and the management. He’s bullish on Parker Hannafin.

First Solar [FSLR Loading... () ]: “It’s going higher.” Investors who own FSLR should take some profits, Cramer said. Don’t get greedy.

Harley Davidson [HOG Loading... () ]: Cramer called the quarter “miserable.” HOG is a sell as far as he’s concerned.

China Mobile [CHL Loading... () ]: Cramer said he likes CHL, along with Baidu.com [BIDU Loading... () ] and Focus Media [FMCN Loading... () ], but the stocks have had a good run. Remember: Bulls, bears, hogs…take some profits and let the rest run, he said.

Terra Nitrogen TNH[TNH Loading... () ]: When it comes to fertilizer stocks, Cramer likes Sociedad Chemica [SQM Loading... () ], Mosaic [MOS Loading... () ], Agrium [AGU Loading... () ], CNH Global [CNH Loading... () ] and then Terra Nitrogen, in that order. Owners of TNH should trade up, he said.

Johnson & Johnson [JNJ Loading... () ]: “Keep looking.” Cramer is bearish on JNJ. He thinks Schering-Plough [SGP Loading... () ] is better.

Click for the rest of tonight's show

Foster Wheeler [FWLT Loading... () ]: Cramer likes FWLT, but Shaw Group is cheaper, he said.

JAKS Pacific [JAKK Loading... () ]: “I like JAKS. I think it goes to $30.”

International Gaming Technology [IGT Loading... () ]: “IGT, I want you to buy it.”

Jim's charitable trust owns International Gaming Technology.

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Topics:Stock Picks | Stock Market

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Lightning Round: Frontline, China Mobile, Foster Wheeler and More