Mad Money Lightning Round: Jim Finds SNDK Worth Holding On To

In his "Mad Money Lightning Round," Jim Cramer said that investors should hold onto SanDisk (NASDAQ: SNDK). SNDK’s shares gained 0.45% in pre-market trading.

Jim said that Mosaic (NYSE: MOS) is being driven only by a rebound with the fertilizer stocks. He preferred traders to invest in DuPont (NYSE: DD), which offers a 4% yield. While MOS has risen by 0.14%, DD has added 0.10 in after-hours trading.

On RF Micro Devices (NASDAQ: RFMD), Cramer said that it was an Internet tsunami stock and should be owned, along with Xilinx (NASDAQ: XLNX), Cypress Semiconductor (NYSE: CY) and Skyworks Solutions (NASDAQ: SWKS). Triquint Semiconductor (NASDAQ: TQNT) is also worth buying at the moment. RFMD moved up 2.95% yesterday.

Jim finds Standard Pacific (NYSE: SPF) an interesting investment as it has had a good quarter and is suffering because people lack the ability to read a balance sheet. SPF jumped 2.05% in after hours trading.

Discovery Holdings (NASDAQ: DISCA), which has several programs on air that you can watch with your kids, is a winning stock, according to Jim. He said that the company rocked. DISCA climbed 1.50% in after hours trading.

Jim said that Polo Ralph Lauren (NYSE: RL) is worrisome at current levels. He would want the stock to pullback before advising traders to buy it. RL added 0.01% in after hours trading.

For Palm (NASDAQ: PALM), Jim said that he finds it hard to recommend as it is competing against Apple (NASDAQ: AAPL) and he did not think Apple is beatable. While PALM has lost 0.81%, AAPL has jumped 5.38% in after hours trading.

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