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'Mad Money Lightning Round': Bye to Eastman Kodak
Cramer says the business world is too cruel to hold on to this stock..
Scott Rutt
Oct 2, 2008 7:55 PM EDT
To see the full "Mad Money" Recap, please click here.
Here's what Jim Cramer had to say about some of the stocks that callers offered up during the "Mad Money Lightning Round" Thursday evening:
( EK): "I want to say goodbye to Eastman Kodak. The business world is just too tough for them right now."
EnergySolutions
(ES) - Get Report
: "Nooooo, too scary for me. We need conservative stocks."
(CFX) - Get Report
: "They have killed that stock. This market is brutal. If you're going to buy, buy in stages. This one could see $8 a share."
(KMB) - Get Report
: "That's exactly the kind of stock we should be looking at. Take a look at
(CLX) - Get Report
as well, that's another good one. This is what you need to buy."
Petrohawk Energy
(HK)
: "That's a speculative play, so it if you're not a speculator, I want you to sell."
(SPLS)
: "I do not need to own a retailer here. Nobody trusts them here."
Where will the Dow Jones Industrial Average stand at the end of 2008?Above 10,0009000-10,0008000-90007000-8000Below 7000
*For all you home-gamers, a 'mon-back opportunity means Cramer would back up the figurative truck and load up on a stock.
Want more Cramer? Check out Jim's rules and commandments for investing by
At the time of publication, Cramer was not long on any stock.
Jim Cramer, host of the CNBC television program "Mad Money," is a Markets Commentator for TheStreet.com, Inc., and CNBC, and a director and co-founder of TheStreet.com. All opinions expressed by Mr. Cramer on "Mad Money" are his own and do not reflect the opinions of TheStreet.com or its affiliates, or CNBC, NBC UNIVERSAL or their parent company or affiliates. Mr. Cramer's opinions are based upon information he considers to be reliable, but neither TheStreet.com, nor CNBC, nor either of their affiliates and/or subsidiaries warrant its completeness or accuracy, and it should not be relied upon as such. Mr. Cramer's statements are based on his opinions at the time statements are made, and are subject to change without notice. No part of Mr. Cramer's compensation from CNBC or TheStreet.com is related to the specific opinions expressed by him on "Mad Money."
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