Mad Money: Lightning Round: Corning, BP, Live Nation and More - Lightning Round

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Apr.03

6:58 PM ET

Lightning Round: Corning, BP, Live Nation and More

Intercontinental Hotel [IHG Loading... () ]: This is not a great hotel chain and hotels are not a great industry right now, Cramer said.

Pfizer [PFE Loading... () ]: “I don’t like anything that Pfizer is doing.”

NewMarket [NEU Loading... () ]: There’s nothing special here, other than that it’s a huge short-squeeze name, Cramer said. “Be careful.”

Citrix Systems [CTXS Loading... () ]: Cramer is down on tech stocks these days and this one doesn’t have a particularly good product cycle to begin with. Don’t buy.

El Paso [EP Loading... () ]: Cramer has bought this speculative natural gas stock for his charitable trust. It isn’t as consistent as the majors, but it’s cheap.

Corning [GLW Loading... () ]: Buy some when it retreats to $22, Cramer said. Otherwise, GLW is too expensive for an industry that has not been working.

Dendreon [DNDN Loading... () ]: It has some novel drugs but Cramer still doesn’t like it.

Sandisk [SNDK Loading... () ]: The technology is not proprietary and it’s commoditized, Cramer said. Stay away.

Live Nation [LYV Loading... () ]: “Every time I get in any of these entertainment companies I lose my shirt.”

Bear Stearns [BSC Loading... () ]: This is an arbitrage situation you don’t want to be involved in, according to Cramer. It’s highly doubtful JPMorgan [JPM Loading... () ] will pay more than $10 per share for Bear.