Jim Cramer's Mad Money In-Depth Stock Picks 5/16

Stocks discussed in the in-depth session of Jim Cramer’s Mad Money TV program, Tuesday, May 16. Click on a stock ticker for more analysis:

Back to School Tour at Columbia University - Cramer began the lecture by suggesting investment in oil stocks, especially Schlumberger (SLB) and "classic growth stocks," such as Yahoo (YHOO) and Google (GOOG). He recommended selling the tech giants such as Intel (INTC) and Cisco (CSCO) which have peaked, and to pay attention to companies which have a great opportunity for growth, such as Smith Micro Software Inc. (SMSL). This company, according to Cramer, will reap huge profits because of its convergence capability, wireless cards which Cramer says are "booming", and the fact that it supplies music to cellphones. Smith Micro Software has developed new technology that will minimize images by 30%. Cramer predicts that this stock has the potential to more than double from $11 to $23.

United Technologies (UTX), CEO Interview with George David: Cramer began the interview by declaring that, in spite of the tremendous beating the stock market took last week, that there is an industrial bull market, since most countries are expanding, especially the BRIC nations. He praised George David as "the best industrial CEO of the decade" and noted that United Technologies was one of the only companies to maintain a 52 week high, in spite of the downturn last week. Cramer also lauded Ray Milchovich, CEO of Foster Wheeler (FWLT) as "the best turnaround artist of the decade."