MAD MONEY RECAP | LIGHTNING ROUND | Monday, 03/24/08

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	Monday, 03/24/08 Posted 03/24/08, 10:36 pm ET	(Scroll down to see Jim's comments below)



Today's date: Monday, 03/24/08

	Dow Jones:	12,548		+ 187
	NASDAQ:		2,326	+ 68
	S&P 500:		1,349	+ 20


■	Stock Snapshots - Includes all stocks from callers' questions	■

After this segment, you can see Jim's Closing Segment picks here...

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Jim
Cramer's
rating on
this stock

STOCK
SYMBOL

Closing
price
that
day

Opening
price
next
day

Full Company Name/Comments
(see comments above for each)

6.58

Sprint Nextel Corp. (S)

S - I think this is a company that turned down... a merger with Tim Donahue, who set up Nextel... When I saw that, I put it in the sell, sell, sell list. All I can tell you is, there's very little upside to Sprint. This is now Verizon (VZ*) and AT&T (T)'s carcass... I like Ivan Siedenburg (CEO of VZ*)... I'm long VZ* for my charitable trust... but I like T too. I do not like Sprint. I think it goes lower... I think it's a trainwreck...

VZ*

36.97

Verizon (VZ*)

See S comments above for:
VZ*

38.03

AT&T (T)

See S comments above for:
T

SYX

12.32

Systemax Inc. (SYX)

SYX - Oh boy, now this is a tough one... this is a tough one, because I have been hurting people in tech, and I don't want to do it again... I've got to take a pass on this one... Don't buy, don't buy... I'm just so afraid... As a lot of technology is moving, maybe we've got an opportunity here. I don't think we do... Let me come back on that, okay... I try to have as few of those as possible, but I cannot venture an opinion right now on SYX.

17.79

Eastman Kodak (EK)

EK - I'm of two minds on this. First of all, I met excellent management when I was on (Donald Trump's) Celebrity Apprentice... Here's my concern... They have a great printing company. They really do. They have other businesses that are in decline. Hewlett-Packard (HPQ*) is their principle competitor, and that is just very tough... I am sticking with EK. Now, here's the issue... Bill Miller, who is a huge shareholder of it... I think, is under tremendous pressure this quarter, because he's had such a bad quarter. He's from Legg Mason... He may be a seller. That would be a disaster, and that could put a tremendous lid on this situation.

KEP

14.98

Korea Electric Power Corp. (KEP)

KEP - I don't want you to sell that. I'd rather have you buy it... I think that, one day, we could wake up - not unlike Taiwan - with China, where we see real serous talks between South Korea and North Korea... and you're going to say that that stock... you should have bought more... That stock could go up 7-8 points on that kind of talk... So I want you to stay in KEP.

CPB

33.42

Campbell Soup Co. (CPB)

CPB - No... CPB - like Hershey (HSY) - is very hard to recommend on this show... chronic under-performers... CPB is doing a little better than HSY... starting to take some shelf space... I'd rather have you be in General Mills Inc. (GIS), which just reported a great quarter... or Kellogg Co. (K), which I see is more than 70% hedged against grain, and I think they also reported a great quarter. They are both more forward-thinking than CPB...

HSY

38.40

Hershey Co. (HSY)

See CPB comments above for:
HSY

GIS

59.63

General Mills Inc. (GIS)

See CPB comments above for:
GIS

51.45

Kellogg Co. (K)

See CPB comments above for:
K

DAR

12.56

Darling International Inc. (DAR)

DAR - You know I think the world of those guys... They've got a great business model. We had the CEO on recently. The guy tells a great story about biofuels... I think he's money in the bank. I want to own that stock.

7.30

Raser Technologies Inc. (RZ)

RZ - A geothermal play... oil going down. No... I can't recommend that... Don't buy, don't buy... too risky, too risky...

LNN

104.88

Lindsay Corporation (LNN)

LNN - They just reported a fantastic quarter. I'm going to be against selling that stock. They had a monster quarter. I think you got a really big pullback already in that stock. I want you to hold LNN.

59.73

Visa Inc. (V)

V - No, no... As I told Sid at the newsstand the other day... that I think Mastercard (MA) is cheaper than Visa... I think that V is too expensive... I told people... they should ring the register on V... Wait for MA to come down, and then pull the trigger on MA...

216.50

Mastercard (MA)

See V comments above for:
MA

49.99

NuStar Energy L.P. (NS)

NS - I am working on a piece about NS, and some of its confederates... These all yield fabulously, and the dividends are actually going higher... the distributions are going higher... They are owned by a bunch of hedge funds that borrow a lot of money to own them, and now the hedge funds are liquidating... That's your chance. I have not said this for a long time... I want to BACK UP THE TRUCK, for NS... I believe in that company... I believe in that distribution... going higher! I'm calling the bottom in that stock!... Boy, is that ever a dangerous thing to do in this market...

MOT

9.69

Motorola Inc. (MOT)

MOT - Here's my problem... I want to tell you to sell it, but Carl Icahn is in there, and he's a creator of value... The issue I have with MOT is that the cell phone market has gotten so competitive, that even Nokia (NOK) is getting hurt. A lot of companies that need... you need to have a smartphone... and the smartphone is not the Motorola phone. By the way, I heard what Carl Icahn said... about how the iPhone, right now, is not a factor... and you know what I said?... That a year before the iPod took off, (buzzer sounds)...
everyone dismissed Apple (AAPL)... We are a year before the iPhone takes off and, when that happens, you're not going to want to get in NOK or MOT... So, I am withholding judgment, only in deference to... Carl Icahn.

BGP

7.25

Borders Group, Inc. (BGP)

BGP - A very, very tough stock. We've been very negative on it for a long time. I think they do a great job as a bookstore. I am concerned about the balance sheet. The fact is that Pershing Square gave them some money. I want to lighten up on the stock, as it goes higher... Sell, sell, sell! I want to lighten up because, even though I'm a big believer in the early cycle retailer names, I don't like the book business...

MOS

93.32

Mosaic (MOS)

MOS - You know I like MOS... You know I like Potash (POT)... You know I like Agrium (AGU)... Can we wait, until the shorts press their bet... knock the stock down a little more?... Right now, the only one in that group that I really want to buy is DuPont (DD) until I see the shorts over-extend themselves, and then we'll go right back... So, what I'm recommending is a partial bull... In other words, I am afraid that MOS has more downside, because the bears are circling on ag, and buying retail and banks. We will pull the trigger a little bit lower, and get some more MOS in. You can stick with it, but I don't want you to buy any more.

POT

150.80

Potash (POT)

See MOS comments above for:
POT

AGU

63.24

Agrium (AGU)

See MOS comments above for:
AGU

46.66

DuPont (DD)

See MOS comments above for:
DD

[ end of lightning round ]

After this segment, you can see Jim's Closing Segment picks here...

Go to the CLOSING SEGMENT from tonight's show here >>

See current quotes on Yahoo! Finance from tonight's show stocks here >>

Symbol keys:
	A Charitable Trust stock. - An asterisk next to a stock symbol indicates that Jim mentioned it is a stock that he manages within his charitable trust portfolio. You can see the complete portfolio of stocks here >>
	Thumbs up - indicates he would buy the stock or, at the very least, not sell the stock. We do our best to interpret Jim's opinion on stocks, as we think it is indicated by his comments during the show. Please read his comments to decide for yourself.
	Thumbs down - indicates he has said not to buy or to sell the stock, based on his comments We do our best to interpret Jim's opinion on stocks, as we think it is indicated by his comments during the show. Please read his comments to decide for yourself.
	Back up the truck - indicated by Jim, when he says the stock is so good, that he would do a 'mon-back' on the stock... In other words, this is the sound someone would say to a truck driver, "Come on back... " as he is "backing up the truck" to load up on his cargo. Translation for buying stocks: This recommendation by Jim indicates that, after you do your own homework on the stock, you should feel comfortable loading up on it, as it is in a good position to be bought at this point.
	Stumped. - Of the 2,000+ stocks that Jim Cramer has in his head, for which he has an informed opinion, he sometimes comes across a caller with a stock he does not know well enough to opine on... He then indicates he is stumped and will have to come back to it, after he does some homework of his own on the stock. This usually occurs during the Lightning Round, when Jim does not know in advance who is calling, or what their stock question is about.

Definitions of key phrases used by Jim, known as "Cramerisms":

Definition: 'Pull the trigger' is Jim's phrase for making the decision at that point to trade - either to 'buy' or to 'sell' (although he usually uses the phrase for buying), as if to say you should feel comfortable enough to make the final decision without looking back...

Definition: 'Ring the Register' is Jim's phrase for selling a stock, and making it a final sale, that you should not look back on. Put it behind you.

Definition: 'Let It Come In' indicates how you may wait for it to pull back, or have the stock price come down briefly, as your chance (after letting it come in) to buy the rest of your position (i.e., total number of shares you own in that stock).

Definition: 'backing it up' or 'doing a 'mon-back' is Jim's phrase for the metaphor of backing up a truck to load up on a stock by buying it. 'Mon-back is short for the imaginary worker saying, 'Come on back...' as the truck is backing up to receive its load... Notice that we use the little truck icon to indicate where Jim has mentioned this. Translation for buying stocks: This recommendation by Jim indicates that, after you do your own homework on the stock, you should feel comfortable loading up on it, as it is in a good position to be bought at this point.

See more "Cramerisms" & other financial phrases here >>

Helpful Websites:

See the stocks currently known to be in Jim Cramer's
Charitable Trust at:

jim-cramer-charitable-trust-stocks.com

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of stocks at:

warren-buffett-portfolio.com

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StockHomework101.com

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