Jim Cramer's Mad Money Lightning Round Stock Picks 7/17

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 |  Includes: ALL, BWNG, CIEN, CME, EXP, IRM, MMM, NKE, OO, SWY, TPX
by: Miriam Metzinger

Stocks discussed in the lightning round session of Jim Cramer’s Mad Money TV program, Monday July 17. Click on a stock ticker for more analysis:

Bullish calls:

Safeway (NYSE:SWY): 'This is the right time to own Safeway ... near its 52-week high ... 25 goes to 30!'
Chicago Mercantile Exchange (NASDAQ:CME): ' ... Still has pricing power ... (and will benefit)... the longer that they dilly-dally over the New York Stock Exchange's purchase of that Euronext. '
Manulife (NYSE:MFC)
Allstate (NYSE:ALL)
Prudential (NYSE:PRU)
Sealy (ZZ):
'I've been dead wrong on Sealy. ... I think that Sealy is done going down. It's got great cash flow.'
Oakley (OO): 'A cheap stock at 15 ... I think there is tremendous value in that stock that hasn't been unlocked.'
Nike (NYSE:NKE): 'I think Nike is too cheap. ... I would stick with Nike.'

Bearish calls:

Ciena (NYSE:CIEN)
Broadwing (BWNG):
'That sector is no longer in bull market mode, and I cannot pretend that it is a bull in bear's clothing!'
Eagle Materials (NYSE:EXP): 'The time for this stock was about seven months ago. ... I think it's still not too late to ring the register.'
Iron Mountain (NYSE:IRM)
3M (NYSE:MMM):
' ... for now, Don't Buy.'
Sun Life Financial (NYSE:SLF): 'I need a more mainstream name (in insurance).'

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