Jim Cramer's Mad Money Lightning Round Picks 5/11

Lightning Round stock picks from Jim Cramer's Thursday, May 11 Mad Money TV program. Click on a stock ticker for more analysis:

Bullish calls:

Matria Healthcare (MATR)
Baidu.com, Inc (BIDU)
Eastman Chemical Co (EMN)
First Data Corp. (FDC) 'It was down by alot today. Why do I like that one? Because it's going to spin off Western Union.'
News Corp. (NWS) 'They just announced a monster buyback.'
Union Pacific (UNP) 'Do you mind if we do a little 'don't buy, don't buy' until it goes down to $93, and then we pull the trigger.'
Advanced Micro Devices (AMD) 'Intel, for the longest time, the king, is being toppled by...Advanced Micro Devices.'
Hexcel (HXL)
KFX Inc (KFX) 'They are going to do a trial of K-Fuel boilers in a month's time. This could turn out to be a very exciting, transforming alternative energy play.'
SGL Carbon Akri (SGG)
Quest Comunications (Q)
Level 3 Communications (LVLT)

Bearish calls:

Netease.com (NTES)
Ashland, Inc. (ASH)
Lightbridge, Inc. (LTBG)
Meditronic, Inc. (MDT)
Empire Res. Inc. (ERS) 'The stock is all the way down to $34. I would not touch it here...but, if it got to $40, sell, sell, sell!'
Spartan Stores (SPTN)