Tuesday, August 28, 2007

Cramer's Lightning Round



Elan [ELN 18.86 -0.74 (-3.78%) ]: Cramer recommended Biogen and Celgene instead.

Micron Technolgy

Micron Technology Inc
MU

11.0 -0.23 -2.05%




[MU 11.0 -0.23 (-2.05%) ]: Worst of breed, Cramer said. NVIDIA [NVDA 46.33 -3.01 (-6.1%) ], Texas Instruments [TXN 33.42 -1.04 (-3.02%) ] or Intel [INTC 23.96 -0.49 (-2%) ] are better.

Merck [MRK 49.21 -0.91 (-1.82%) ]: “I think it’s time to sell Merck.” Go with Schering-Plough [SGP 29.63 -0.82 (-2.69%) ] instead, Cramer said.

Amazon.com

Amazon.com Inc
AMZN

76.22 -2.43 -3.09%




[AMZN 76.22 -2.43 (-3.09%) ]: This is a house-of-pain stock right now, but once the smoke clears and this market evens out, Cramer thinks AMZN will move again.

UIL Holdings

UIL Holdings Corp
UIL

29.41 -1.25 -4.08%




[UIL 29.41 -1.25 (-4.08%) ]: The utilities are good here, Cramer said, and he likes the 5% yield. He also likes ConEd [ED 45.08 -0.59 (-1.29%) ].

Casual Male Retail

Casual Male Retail Group Inc
CMRG

9.75 -0.33 -3.27%




[CMRG 9.75 -0.33 (-3.27%) ]: The only retail companies Cramer can get behind right now are American Eagle Outfitters [AEO 24.48 -0.72 (-2.86%) ], Kohl’s [KSS 56.38 -0.67 (-1.17%) ] and Gap [GPS 18.07 -0.24 (-1.31%) ].

O Charley's

O'Charley's Inc
CHUX

16.23 -0.18 -1.1%




[CHUX 16.23 -0.18 (-1.1%) ]: “Casual dining is just absolutely awful right now.” Cramer likes Chipotle [CMG 97.13 -2.42 (-2.43%) ] instead.

Qualcomm

Qualcomm Inc
QCOM

37.87 -0.71 -1.84%




[QCOM 37.87 -0.71 (-1.84%) ]: QCOM must settle its legal troubles before investors will be willing to put money in this stock, Cramer said.

Wal-Mart

Wal-Mart Stores Inc
WMT

43.4 -0.42 -0.96%




[WMT 43.4 -0.42 (-0.96%) ]: Don’t buy.

Burger King

Burger King Holdings Inc
BKC

23.4 0.05 +0.21%




[BKC 23.4 0.05 (+0.21%) ]: “Great company.” This is the one part of the restaurant group that’s doing well, Cramer said.

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