Seeking Alpha

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 (NASDAQ:MATR), Inc (NASDAQ:BIDU)
Eastman Chemical Co (NYSE: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. (NASDAQ:NWS) 'They just announced a monster buyback.'
Union Pacific (NYSE: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 (NASDAQ:AMD) 'Intel, for the longest time, the king, is being toppled by...Advanced Micro Devices.'
Hexcel (NYSE:HXL)
'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.'
Quest Comunications (NYSE:Q)
Level 3 Communications (NYSE:LVLT)

Bearish calls: (NASDAQ:NTES)
Ashland, Inc. (NYSE:ASH)
Lightbridge, Inc. (LTBG)
Meditronic, Inc. (NYSE:MDT)
Empire Res. Inc. (NASDAQ: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 (NASDAQ:SPTN)

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