Mad Money

It's Time for the Lightning Round!

On Jan. 3, Yahoo! CEO Terry Semel landed on Cramer’s Wall of Shame. Coming off the wall, whether through firing or retiring, meant a quick couple of upside points for the company. Today, Semel came off the wall and Yahoo! got those points. Co-founder Jerry Yang is taking over the CEO spot, and Semel is now the non-executive chairman. Cramer expects a few more points before the stock is done with its rally.

CYTYC : Cramer would switch out CYTYC for Hologic. “Hologic at $55 is the way to go.”

Mastercard : “Do not dare leave Mastercard yet.” Schnitzel a little to play with the house’s money, but Cramer thinks this one goes to $200.

Golden Star Resources : Cramer recommended this as a speculative play. If investors want something safe, he recommends Yumana Gold.

Apollo Investment : “Eight percent yield. I think it’s a keeper.”

Bucyrus Intl. : Cramer thinks this is a part of the American resurgence in manufacturing. This is a Joy Global are great mineral plays, he says. “Do not sell that stock.” He thinks it could trade up 15 more points.

Elan Pharma : “That stock is going higher.” Cramer admits he was bearish on Elan before, but he’s changed his mind.

Trident Microsystems :NVIDIA, Texas Instruments and National Semiconductor are all better plays than TRID, Cramer says.

Terex :Caterpillar is a better choice because Terex has already had such a good run, Cramer says. Wait for a pullback.

optionsXpress : Cramer’s a fan of OXPS. It’s a well-run company in a great business. He thinks it goes back to its high of $32.

JC Penney : Cramer believes Mike Goldman will get JCP back to its 52-week high of $87. “I’m not backing away. I’m backing up the truck.”

Echelon : Don’t buy!

Novastar Financial : The balance sheet is so bad Cramer can’t recommend buying NFI, but he doesn’t think the stock should be sold either.

Melco PBL Entertainment : Cramer recommended MPEL at the IPO, but the price has plummeted since then. “These guys are not for me.”

Cramer’s charitable trust owns Hologic and Yahoo!.

Questions? Comments?