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Stocks discussed in the in-depth session of Jim Cramer’s Mad Money TV program, Tuesday May 9.Click on a stock ticker for more analysis:

Amcol International (NYSE:ACO) -- Controls the market for the absorbant clay bentonite, which is essential to oil-drilling and waste-water filtration. Just had an outstanding quarter.

Northrop Grumman (NYSE:NOC) and Lockheed Martin (NYSE:LMT) -- Benefitting from big government deals recently; cheap stocks in a sector that's 'on fire'. Northrop benefitting from hurricane-relief package from Uncle Sam, and Lockheed recently was awarded a big satellite surveillance system contract.

Cephalon (NASDAQ:CEPH) -- CEO interview; CEO Frank Baldino said the health-care sector will soon recover, since these downtrends are cyclical; Cramer asked about FDA reluctance to approve a reformulation of the company's Provigil drug; Baldno said this is just a 90-day delay and that he's not concerned about it being approved. Cramer said he can't recommend the stock until the August FDA decision, which may be a catalyst.

Source: Jim Cramer's Mad Money In-Depth Stock Picks 5/9