Mad Money

Lightning Round: It is too low to sell now

It's that time again! The Lightning Round bell has rung, and Jim Cramer gives his take on a few favorite audience stocks:

Wells Fargo: "Wells Fargo at the end of the day one of the biggest, if not the biggest, position I have in my charitable trust. It is the best financial in the world, and that's why we own it. John Stumpf, good job as CEO."

Innospec: "I think it's a really good company...You've got a winner. I have to talk more about that one."

Southwest Airlines: "Okay Southwest is now too late to sell. I've been saying to sell it, and now I'd say you can't sell it. It's just too low, I still think numbers have to come down, I think the analysts are way too bullish. But understand that at a certain point it would be just wrong for me to say 'you know what? It's still okay.' I think that there's three down, and then someone will say to me 'why did you tell me to sell it if there's only three down?' So that's my view."

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Micron Technology: "Numbers are too high, Micron has to come down. It's very similar to the airline situation. When the numbers come down, you can't call bottom. You have to wait until everyone has cut numbers, and only then can you make a stand. And that hasn't happened yet with Micron."

TG Therapeutics: "I think this is a winner, but you've got a double. You've got to take a little bit off the table, otherwise I think TGTX goes higher."

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