Stocks discussed in the lightning round session of Jim Cramer’s Mad Money TV program, Thursday, July 24.
Nabors (NBR) -- “Nabors is a better choice than Halliburton.”
Schlumberger (SLB) -- “Schlumberger is a better choice than Halliburton.”
Starbucks (SBUX) - “This stock is now finally at a price where I want to buy at 14.”
Costco (COST) -- “I like it because it is down a lot.”
Rent-A-Center (RCII) -- “Ideal for this economy. Rent-a-Center makes their money on the interest. When people can’t buy they rent. That is what we want.”
Whole Foods (WFMI) – “I have been negative on the stock for literally 20 points. They are too expensive for most people. Amazingly it is now a yield play at 3½ %. Below $20 I can embrace it.”
Halliburton (HAL) -- “I thought the quarter was OK. Ring the register. Sell, Sell, Sell.”
Interdigital (IDCC) -- “It is connected to wireless. I am not a fan of wireless. Ring the register. Take profits.”
Petrohawk Energy (HK) -- “Speculative. Natural gas will be the fuel until we come up with an alternative. The stock will not turn around until natural gas hits $8 and bounces back.”
Waste Management (WMI), Republic Services (RSG) – “We recommend Republic Services over Waste Management but would take profits in both.”
Seeking Alpha publishes a summary of Jim Cramer's stock picks every day including: Mad Money Recap, Lightning Round and his Stop Trading! Picks.
Get Cramer's Picks by e-mail -- it's free and takes only a few seconds to sign up.
Seeking Alpha is not affiliated with Jim Cramer, CNBC or TheStreet.com