Lightning Round: ConAgra, ValueClick, Apple and More

J2 Global Communications : “I don’t understand why this is a good business at all,” Cramer said.

3SBio : When it comes to China, Cramer is sticking with his four horsemen:, China Telecom , PetroChina and Focus Media .

Vimpel-Communications : This Russian telecommunications stock is too risky, Cramer said. The way to play worldwide telco is Vodafone .

Anally Capital Management : This stock is the single best way to play an easing Fed, according to Cramer.

E-House : The Chinese IPO market is way too hot. Stick with the four horsemen, Cramer said.

NexCen Brands : An interesting speculative play, Cramer said. “I would rather recommend it [on Speculation Friday] than today.”

ConAgra : Commodity food prices are too high for Cramer to still recommend CAG.

Synaptics : Cramer said the touchscreen technology SYNA specializes in seems like a fad. He doesn’t want to touch the stock.

Synchronoss Technologies : A creative company with great management. SNCR is a buy.

ValueClick : Very few companies can jumpstart a web business like VCLK, Cramer said. He still thinks it will get bought.

Apple : Cramer has been telling Apple holders to cut their position in half only because it has ramped so much. The company is still in good shape and the fundamentals are solid, he said.

Furmanite : Cramer’s bullish on this infrastructure play, going as far as to put it in “the Foster-Wheeler category.”

Procter & Gamble : Raw costs are out of control and it showed in Procter’s “challenging” quarter. With PG in the penalty box, Cramer would rather own Colgate .

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