Cramer's Lightning Round - Polaris Is Revving Up (10/26/10)

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Includes: CAG, CHK, MIPS, PII, RRC
by: Miriam Metzinger

Stocks discussed on the lightning round session of Jim Cramer's Mad Money TV Program, Tuesday October 26.

Bullish Calls:

Polaris (NYSE:PII): "You know, if it weren't for my buddy, Haley, and all of his off-road vehicles, I would say that this thing doesn't have a chance. But the truth is is that this business is smoking... I find these oddities. These are expensive devices that people love and they're still doing them. I'm bullish, Polaris!"

MIPS Technologies (NASDAQ:MIPS): "It had a blowout quarter today. It had been flatlining and doing nothing, and that quarter was beautiful. And it's not done going up. I think that stock can keep going higher. Isn't that something?"

Chesapeake Energy (NYSE:CHK): "The only one (natural gas stock) I'm countenancing is Chesapeake."

Bearish Calls:

ConAgra (NYSE:CAG): "I didn't like the quarter. I didn't like the quarter at all from ConAgra. I do like the dividend."

Range Resources (NYSE:RRC): "No. Nope. The only one I am countenancing is Chesapeake."

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