Cramer's Lightning Round - Terra Cognita (5/6/09)

Stocks discussed on the lightning round session of Jim Cramer's Mad Money TV Program, Wednesday May 6.

Bullish Calls:

Waste Management (WMI): "Yields more than 4% ... I want to buy hand over fist right here."

Dryships (DRYS): "This is the speculative play in the group."

Frontline (FRO), Nordic American Tanker (NAT)

Terra Nitrogen (TNH), Sociedad Chemical (SQM): "Terra Nitrogen has a better yield (than Potash)...here is a new pick, SQM up a dollar. It also has lithium."

Bearish Calls:

Tenet Healthcare (THC): "It is a 2 dollar stock I recommended higher. I took profits and I don't want to go back...I have better healthcare stocks."

Potash (POT): "I gotta send you to TNH."

Dr. Pepper Snapple Group (DPS): "I am not going to by DPS."

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