Jim Cramer's Mad Money Lightning Round Picks 7/7

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Includes: AMTD, C, CHK, CNQ, EBAY, ENB, HD, IIIN, INTC, JOE, KMI, LOW, MENT, NBR, NUE, RIG, S, SWN, T, USG, VLO, WLT
by: Miriam Metzinger

Stocks discussed in the lightning round session of Jim Cramer’s Mad Money TV program, Friday July 7. Click on a stock ticker for more analysis:

Bullish calls:

Transocean (NYSE:RIG): 'This group is under tremendous siege. ... I remain bullish.'
Nabors (NYSE:NBR): 'I own Nabors ... Do not give up on this group.'
Valero (NYSE:VLO)
Walter Industries (NYSE:WLT):
'If you want a play like that (USG) ... I am going to send you to Walter."
Enbridge (NYSE:ENB)
Nucor (NYSE:NUE)
AT&T (NYSE:T):
'I will send you to the House of Pleasure, which is actually, believe it or not, AT&T.'
Lowe's (NYSE:LOW)
Southwestern Energy (NYSE:SWN):
'I am sending you to Southwestern Energy, which has just as much exposure to natural gas.'
Canadian Natural Resources (NYSE:CNQ): 'It's cheap, cheap, cheap. I think ... it's a buy here.'
Citigroup (NYSE:C): 'I want to break up Citigroup. [CEO] Chuck Prince, tear down those banking walls!'
Ameritrade (NASDAQ:AMTD)

Bearish calls:

USG (NYSE:USG)
Intel (NASDAQ:INTC):
'You still cannot own Intel ... They need to have new management. ... Bring back the engineers.'
Kinder Morgan (NYSE:KMI): 'No, no, that's an arbitrage situation. ... That stock is played out.'
Insteel Industries (NASDAQ:IIIN)
Sprint Nextel (NYSE:S)
Home Depot (NYSE:HD):
'I want to stay out of the Home Despot.' (Although he recommended this stock last Thursday, Cramer wants to know why an HD merchandising and marketing executive quit.)
Chesapeake Energy (NYSE:CHK)
eBay (NASDAQ:EBAY):
'eBay is just awful. eBay should put the whole company on eBay. ... overpaid for Skype, overpaid for PayPal. Meanwhile, Meg Whitman is the Teflon Don.'
Mentor Graphics (NASDAQ:MENT)
St. Joe (NYSE:JOE)

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