Jim Cramer's Mad Money Lightning Round Picks 6/6

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 |  Includes: AOBI, BTUUQ, CAT, CMI, CTRP, CYD, DHI, DOW, HOG, MRVL, ON, PMTI, SLB, TXN
by: Miriam Metzinger

Recap of Jim Cramer's radio show on Tuesday June 6. Click on a stock ticker for more analysis:

Bullish calls:

Dow Chemical (NYSE:DOW): 'The earnings are in the future; great management; good dividend. Two thumbs up.'
Bunge (NYSE:BG)
Cummins (NYSE:CMI):
'Now, the problem with CMI is because they bought Ford - all the new diesel engines, because the law changes in 2007 - I can't stand there and tell you to buy that stock at $107 ... You need to be in CMI when it breaks $100.'
Schlumberger (NYSE:SLB)
Palomar Medical Technologies (NASDAQ:PMTI)
Caterpillar (NYSE:CAT):
'I think the stock can go down like 5-10 points before the momentum sellers stop. But I think you buy it in stages.'
Peabody Energy (BTU): ' ... hold BTU here, but expect turbulence! Expect it to dive a little more. I wouldn't pull the trigger until it got to $53!'

Bearish calls:

American Oriental Bioengineering (AOB)
Santarus (NASDAQ:SNTS)
Harley-Davidson (HDI):
'I am not going to recommend the stock to you until it goes to its 52-week low, because that's a discretionary product.'
China Yuchai International (NYSE:CYD): ' ...that's a diesel manufacturer. If you want diesel, you've got to come to the U.S.A.'
On Semiconductor (ONNN)
Marvell Technology (NASDAQ:MRVL):
'The only semiconductor company that I think is going to have really better than expected earnings is MRVL, and I still don't buy that right now.'
Texas Instruments (NASDAQ:TXN)
Ctrip.com International (NASDAQ:CTRP)
D.R. Horton (NYSE:DHI):
'I say you've got to be careful with DHI - and all homebuilders please.'
Standard Pacific (SPF)
Intrawest (IDR)

More: Cramer's latest stock picks, including: Mad Money Recap, Lightening Round, Stop Trading and his Radio Show.