Energy, Big Media and Farm Equipment - Lightning Round - Mad Money - Jim Cramer - Lightning Round

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Jul.09

12:32 AM ET

Wednesday, 9 Jul 2008

Lightning Round: Energy, Big Media and Farm Equipment

Posted By:Stan Yee

Topics:Stock Picks | Stock Market

Here are Cramer's calls in Tuesday's Lightning Round.

CONSOL Energy Inc. [CNX Loading... () ]
Although this stock was hit hard today in an ugly panic, Cramer isn't sure it's bottomed and believes the best way to test the low is to -- as usual -- "Buy Buy Buy!"

Time Warner [TWX Loading... () ]
After remarking on the chaotic nature media and its recent signs of rallying, Cramer suggests Comcast [CMCSA Loading... () ]is still a better Buy than TWX, after a very strong quarter.

NYSE Euronext [NYX Loading... () ]
On this, Cramer freely admits supporting this lemon was "one of the worst things I've ever done in the show... It's been a disaster... I can't buy NYX."

JULY 7TH RECAP

Ariba, Inc. [ARBA Loading... () ]
"The Net's good... Ariba is good." And so's Google [GOOG Loading... () ], Yahoo [YHOO Loading... () ]and Research in Motion [RIMM Loading... () ].

Chesepeake Energy Corporation [CHK Loading... () ]
"This is the big litmus test, the big test of all natural gas." Cramer's recommended it for four years. They issued 25 million shares after the bell. If it and the other natural gases hold, "you're going to get a leg up." If not, "we're suffering catfish."

Deere [DE Loading... () ]
He bought some today for charitable trust despite the beating it's taken -- 30 points down. Cramer predicts a worldwide bumper crop after the current famine and farmers will have money. A tough call, since it's tied into energy and steel, but it's a Buy for Jim.