Go Symbol Lookup
Loading...

Lightning Round: Yum!, Apache, Reliance Steel and More

 Text Size  
Published: Wednesday, 31 Oct 2007 | 7:53 PM ET
By:

Web Editor, "Mad Money"

Tuesday’s decline in shipping stocks was a result of China trying to play hardball and win itself better rates, Cramer said before he started the Lightning Round. Regardless, he’s still bullish, calling the decline a “classic buying opportunity.” What’s really driving these stocks, he said, is a scarcity of ships, and those can’t be produced overnight.

Lightning Round
You say the name of a stock, and Mad Money's Jim Cramer tells you whether to buy or sell.

Oceaneering Intl : “Terrific,” Cramer said. He also likes FMC and Core Labs in this group.

Concho Resources : Apache and XTO Energy are better picks, Cramer said.

Axsys Tech : “I like Ciena more.” Cramer recommended switching out of AXYS to Ciena .

Schnitzer Steel : Cramer would rather see homegamers in Reliance Steel, AK Steel or U.S. Steel.


Jim’s charitable trust owns XTO Energy.

Questions for Cramer? madmoney@cnbc.com

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

 Print
Cramer makes the call on viewers' favorite stocks.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
AKS ---
APA ---
BAM.A ---
CIEN ---
CBRX ---
CXO ---
FMC ---
OII ---
RS ---
SU ---
X ---
YUM ---

   
Comments

 

More Comments

 
 

Add Comments

 

Your Comments (Up to 1100 characters):

Remaining characters

Your comments have not been posted yet.

Please review your submission to make sure you are comfortable with your entry.

Your Comments:


                
            
            
        

Featured

Contact Mad Money

  • Showtimes

    Monday - Friday 6p | 11p ET
  • Cramer is host of CNBC's "Mad Money," and co-anchor of the 9 a.m. ET hour of CNBC's "Squawk on the Street."

Mad Money Features

  • Grab the latest CNBC gear from the NBCUniversal Store!

  • Get a behind-the-scenes look at how Cramer formulates his investment advice. "Inside the Madness" is a column, which features e-mails and more with Cramer and his researcher Nicole Urken.

  • You’ve always wanted to hit the “Hallelujah!” button. Here’s your chance.