Jim Cramer's Mad Money Lightning Round Picks 6/16
Bullish calls:
Harris (HRS): 'This is one cheap communications stock. ... I say two thumbs up, way up.'
Triumph Group (TGI): 'I think you should buy some Triumph Group right here down 9 straight points.'
Merrill Lynch (MER): 'I want to buy it right here, right now. I'm making it a triple buy.'
Staples (SPLS)
Network Appliance (NTAP)
General Dynamics (GD): ' ... that stock's at 66, I think is going to 70."
Quest Diagnostics (DGX)
Old Republic International (ORI): 'This is a high-quality company. ... That stock's for me, two thumbs up, way up.'
Allegheny Technologies (ATI)
Smith & Wesson (SWB): 'They now have protection against lawsuits. ... That is what I call a value play. I think it goes higher.'
Newcastle Investment (NCT): 'If the Fed is done my friend, Newcastle Investment Corp. is going higher.
Qulacomm (QCOM): 'Qualcomm has now guided up six straight times. ... I am sticking with Qualcomm.'
Monsanto (MON) : ' ... after multiple, multiple upgrades, is down 12 points from its high? You like Syngenta, I like Monsanto.'
Bearish calls:
Univision Communications (UVN)
EMC (EMC)
Syngenta (SYT)
Mittal Steel (MT)
Advanced Micro Devices (AMD): 'I think you have to wait until the end of the summer, then you pull the trigger.'
Juniper (JNPR): 'It's missed the quarter too many times, and I need you to sell it.'
Sirius Satellite Radio (SIRI): 'Mel Karmazin has not missed a single benchmark. ... It doesn't matter, Sirius is not going anywhere. I'd stick with Mel and not the stock.'
More: Cramer's latest stock picks, including: Mad Money Recap, Lightening Round, Stop Trading and his Radio Show.
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