Mad Money

It's Time for the Lightning Round!

Pride International : This is a contract driller and a stock that Cramer likes in this market. “Let’s buy it.”

American Software : It’s a fine tech company, Cramer said, but he’d rather go with names like Riverbed Technology , Cisco , Hewlett-Packard or Dell .

Peabody Energy : Even though oil is up, the government is not helping coal companies like Peabody, Cramer said. He has liked coal, but it’s not at the right level right now.

Foundry Networks : “This happens to be another stock in the sweet spot,” Cramer said. He believes stocks like FDRY, which didn’t go down at all today, are going to work in this environment because they don’t need debt, they don’t have to do a leveraged buyout and they don’t need the domestic consumer.

RPM International : “It’s not going to work, but it’s not going to hurt you either,” Cramer said.

Anadigics : If you look, you’ll see that most tech stocks, including ANAD are at or close to a 52-week high. “I can hold on to that,” Cramer said.

Applied Materials : A company with low valuation and a lot of cash, and it’s moving into solar. Cramer predicts one down and three up for AMAT, which to him says “buy, buy, buy.”

Immersion : Immersion has never made anyone money, Cramer said. Sell it.

Cumulus Media : It’s been straight down since it announced it would be bought out on Monday, Cramer said. “I need you out of Cumulus.”

Intel : Intel is one of the reasons why Cramer is so bullish on Dell and Hewlett-Packard, as they are big buyers of Intel chips. That being said, Cramer would “rather see you out of Intel and into Hewlett-Packard.”

Pfizer : “Pfizer doesn’t have it,” Cramer said. He would swap out of PFE and buy some Schering-Plough .

IHOP : It was a buy on the merger with Applebee’s , Cramer said, but now he’d take the gain. “It’s in the wrong group.”

Jim’s charitable trust owns Hewlett-Packard.

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