Cramer's Lightning Round - Allot Can Go A Lot Higher (3/26/12)

by: Miriam Metzinger

Stocks discussed on the Lightning Round session of Jim Cramer's Mad Money TV Program, Monday March 26.

Bullish Calls:

Allot Communications (NASDAQ:ALLT): "We nailed this thing 9 ways to Sunday. The stock can go higher. That stock remains a strong buy. 52 week high and going higher."

Vale (NYSE:VALE): "I would swap out of (Rio Tinto) and get into Vale."

ExactTarget (EXTG): "You are lucky to have has unbelievable can be held. I really like it."

VirnetX Holding Corporation (NYSEMKT:VHC): "I think it is a terrific spec. That Microsoft ruling was amazing. This is one of the best performing stocks since we started this show. I'm going to bless has had a big move, but with options, deep in the money, out 6,7, 8 months, I think you are going to be okay."

Cummins (NYSE:CMI): "I like CMI. This is what I would call the 'China on' play if people realize this is a worldwide company. It doesn't have all of its business in China. I missed the last 20 points. I regret that, but I would buy CMI."

Nordic American Tanker (NYSE:NAT): "I've got NAT. It has yield and day rates are going to stay up...I would buy NAT."

Bearish Calls:

Rio Tinto (NYSE:RIO): "...not as cheap as Vale."

JDS Uniphase (JDSU): "That was a good quarter, but it is an optical, and I don't want to touch optical. I don't trust that group."

Frontline (NYSE:FRO): (Cramer prefers Nordic American Tanker.)


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