MAD MONEY RECAP | LIGHTNING ROUND | Tuesday, 05/20/08

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	Tuesday, 05/20/08 Posted 05/20/08, 8:22 pm ET	(Scroll down to see Jim's comments below)



Today's date: Tuesday, 05/20/08

	Dow Jones:	12,828		- 199
	NASDAQ:		2,492	- 23
	S&P 500:		1,413	- 13


■	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)

WWE

16.46

World Wrestling Entertainment (WWE)

WWE - The stock's been knocked down... that's an opportunity. Remember, the New York Times said that they boosted the dividend to help themselves... Wait a second... they only boosted the dividend for the other shareholders. The truth is, they're doing a great job, and I think it's an opportunity... To be very candid, I don't watch their programs... I watch their dividend, and that I like...

WMI

36.80

Waste Management (WMI)

WMI - You know, this is one of those companies... I was trying to describe this the other day to someone... Someone asked me, could you give me a stock that just has done consistently well that I feel confident in... where the management's very pro-shareholder... We happen to have had WMI's CEO on... If you go back and look at the transcript, WMI fits that depiction... I think that's a very high-quality, good growth stock.

IDXX

51.84

IDEXX Laboratories Inc. (IDXX)

IDXX - This is a company that does veterinary medicine... I think that's a great long-term theme. Quite frankly, I'm a little flummoxed that the stock's not doing that well right now. I want you to stick with the stock. I think IDXX is a classic good name that should be bought on dips... and I felt that way for a decade, so certainly don't jettison that. Buy, buy, buy!

TSO

25.67

Tesoro Corporation (TSO)

TSO - Someone came to me today and said, Jim, isn't it time to switch from the big integrated oils and the natural gas - which have been right on - to the refiners? I think that we went through many years, where the refining companies made very little money... Remember, they buy, typically, Mayan crude... Mexican crude... and then they try to merchandise it... obviously, they refine and merchandise... It is a tough business, and people forget... (buzzer sounds)... No, no... I'm trying to explain this, because a lot of people are tempted with Valero (VLO) and Western (WNR)... they're tempted with Holly (HOC), and they're tempted with TSO... This business can be bad for a very long time. Those that insist on having refining in their operation... may I suggest Marathon (MRO). It splits the difference. They've got refining and they also have wells. So I think MRO is the play for those who insist on a refining call.

VLO

50.12

Valero Energy Corp. (VLO)

See TSO comments above for:
VLO

WNR

9.24

Western Refining Inc. (WNR)

See TSO comments above for:
WNR

HOC

42.99

Holly Corp. (HOC)

See TSO comments above for:
HOC

MRO

53.16

Marathon Oil Corp. (MRO)

See TSO comments above for:
MRO

CCE

21.49

Coca-Cola Enterprises Inc. (CCE)

CCE - Sport, I've got to tell you... I've been avoiding the bottling companies since they all came public. I've always felt that they are creatures of the actual major parents. Why own CCE, when you can own Coca-Cola (KO)?... I think that KO - which has been down very hard - went down a lot, because people worry about raw costs. We spoke with the CFO when we were at Georgia Tech. It's very clear they've got raw costs under control... Not only that, but they're a great weak dollar play. Remember when the dollar was supposed to be getting strong... That didn't pan... I think KO - at $57 - is a great long-term buy. You know who agrees with me? Warren Buffett...

57.09

Coca-Cola (KO)

See CCE comments above for:
KO

Price target to buy: $57.00

PPL

50.05

PPL Corporation (PPL)

PPL - We like PPL, the fundamentals... Let's not own PPL for the split. Let's own it because it happens to be a very high-quality, very safe utility company. By the way, as far as Pennsylvania goes, I prefer Exelon (EXC) to PPL...

EXC

88.42

Exelon Corp. (EXC)

See PPL comments above for:
EXC

[ 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

See the stocks currently known to be in Warren Buffett's portfolio
of stocks at:

warren-buffett-portfolio.com

Stock Homework 101: This is an excellent upcoming site that provides resources and links to help you do that homework that Jim Cramer recommends after hearing his suggestions...

StockHomework101.com

This site is coming soon. Thank you.

FastMoneyRecap: This site will be a quick summary of recommendations made by the great Fast Money TV show crew, that will offer you a unique service, to compare their picks to Jim Cramer's past comments about those stocks.