Jim Cramer's Mad Money Lightning Round, 10/23/07: IGT Gaming the Future

by: Miriam Metzinger

Stocks discussed in the lightning round session of Jim Cramer’s Mad Money TV program, Tuesday October 23. Click on a stock ticker for more analysis:
Bullish calls:

Frontline (NYSE:FRO): 'I would buy some FRO. There have been some bear stories …FRO's too cheap. Let's buy some.'
Parker-Hannifin (NYSE:PH): ' … you must, must, must read that conference call, it was so brilliant...[CEO Donald E. Washkewicz] He's too much in the shadows of the Midwest... That guy's Peyton Manning!'
First Solar (NASDAQ:FSLR): 'FSLR has now gotten a little absurd!... It has like $77 million in revenues!... It's going higher … Let's sell half of the FSLR so that we don't later on just get nailed on this one.'
China Mobile (NYSE:CHL): 'Have you sold any? You can take your invested capital out of all these that I've recommended, and let the rest run.'
Mosaic (NYSE:MOS): 'I like Mosaic on the fertilizer, because they've got the uranium play.'
Agrium (NYSE:AGU)
Schering-Plough (SGP)
Shaw Group (SGR): 'SGR is too cheap versus its backlog at FWLT..'. No, I'm not backing away from FWLT - no way, no how... But SGR is cheaper, if you want to be price sensitive.
Foster Wheeler (FWLT): ' No, I'm not backing away from FWLT - no way, no how... But SGR is cheaper, if you want to be price sensitive.'
Jakks Pacific (NASDAQ:JAKK): 'That was a monster-good quarter... A lot more good news ahead. The stock should have gone up more … I think it goes to $30. I want you to stick with it. I really like it.'
International Game Technology (NYSE:IGT): ' It is the way to play the future, now that Macau is so played out... IGT... I want you to buy it and, if you own it already, I want you to stick with it... Buy, buy, buy!'

Bearish calls:

Harley-Davidson (NYSE:HOG): 'That quarter was just Les Miserables, man... That was just a miserable quarter... They couldn't say a single good thing about it... That is still a sell, sell, sell.'
Coach (NYSE:COH): 'how about the incredibly sad, unbelievable mistake I made having Lew Frankfurt [CEO of Coach ] back on... You know what you do when you do that... you sit on your horns [Cramer sits on horns.]'
Terra Nitrogen (NYSE:TNH)
Johnson & Johnson (NYSE:JNJ): 'Keep looking! I've been saying to avoid that stock for a long time... Don't buy, don't buy... There's nothing there, other than Warren Buffett owning it.'

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