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Stocks discussed on the lightning round session of Jim Cramer's Mad Money TV Program, Tuesday May 12.

Bullish Calls:

eBay (NASDAQ:EBAY): "They've got new management, Skype has a good offering and Pay Pal is worth the price of the company."

Bank of Montreal (NYSE:BMO): "I like this area a ton...there is a lot of controversy... the environment is so stern there, these banks didn't screw up. I'd go with Bank of Montreal."

Verizon (NYSE:VZ): "I like Verizon. I like [CEO] Ivan Seidenberg...this stock has become a professional bow wow.... stuck at thirty, it trades like a bond...I have faith...the dividend will pay you to wait for a return."

Bearish Calls:

GT Solar (SOLR)

MBIA (NYSE:MBI): "Alot of the plus in those earnings are not actual. I am not saying they are fibbing. I am saying there was a credit default swap game that I don't believe in..I also feel the actual earnings power of this company has been impaired..I don't want to buy it. In fact, sell sell sell."

MercadoLibre (NASDAQ:MELI): "This is the eBay of Latin America...this business is making a comeback....but I'd rather buy the eBay of America."

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Source: Cramer's Lightning Round - Beyond the Blue Verizon (5/12/09)