Stocks discussed in the lightning round session of Jim Cramer’s Mad Money TV program, Thursday, August 21.
Textron (TXT) -- “I am blown away by how bad this stock acts. I like the company very much. I’m not backing away from Textron. 52-week low today. I think that’s ridiculous. Buy, buy, buy.”
Abbott (ABT) -- “Abbott Labs is dynamite. They did a restructuring. They are saving money. It is the best acting drug stock. I am proud I own it. Buy, buy, buy.”
Home Depot (HD) -- “The recent quarter impressed me. I think they’re making a comeback. I am endorsing, right here, right now, a buy of Home Depot.”
Potash (POT) -- “I’m nervous. I have backed away from that fertilizer group. If you haven’t sold the fertilizers sell them into this rally. They’re just too darn risky at this point in the cycle.”
Aqua America (WTR) -- “We’ve been down on that stock. That is a company that has scalded me. The company does not have real growth. I don’t like it.”
Zoran (ZRAN) -- “They keep missing each quarter. I have no faith in this company whatsoever. If you own it, sell it.”
American Capital (ACAS) -- “They lend to businesses has been hit hard by both the bears and the media. They have a 20% yield but I don’t want you to buy it. Stay away from American Capital.”
Washington Mutual (WM) -- “I cannot tell anyone in their right mind to buy WaMu. Washington Mutual is one of the absolute worst-run companies I have ever seen.”
Seeking Alpha publishes a summary of Jim Cramer's stock picks every day including: Mad Money Recap, Lightning Round and Stop Trading!
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