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Stocks discussed on the Lightning Round segment of Jim Cramer's Mad Money Program, Wednesday May 1.

Bullish Calls:

Workday (NYSE:WDAY): "It is the son of Salesforce. WDAY allows you to be able to save and get smarter. It is still a buy even though people will say it is radically overvalued. I don't think so."

PulteGroup (NYSE:PHM): "It doesn't have the yield that we like, but it did have a great quarter. I am thinking very bullishly about housing. I would do it as a trade."

Martin Midstream Partners (NASDAQ:MMLP): "You have horse sense. The stock has a 7% yield, and the stock has been red hot. It can go to a 6% yield, not because its distribution will be cut, but because it is going higher."

Expedia (NASDAQ:EXPE), Priceline (NASDAQ:PCLN): "I think you are fine. Expedia's stock got hit. The quarter was okay. I like Priceline too. People think PCLN is too expensive, but these companies have revolutionized travel. I like them both."

Kroger (NYSE:KR): "I like Kroger all the way up here more than Safeway, because those guys are executing and Safeway is not."

Goldman Sachs (NYSE:GS): "I just think it is terrific. I believe in the book value ... The M&A isn't good, but I think it will come back. I think you buy it, because it is a $140 stock, and it is often a source of funds for people."

TJX Companies (NYSE:TJX): "I like TJX. It has a low multiple and it keeps creating value all the time."

Bearish Calls:

Safeway (NYSE:SWY): "We are not going to play short squeeze or not short squeeze, because that is a sucker's game. We don't know what would make the shorts panic. That quarter was a quarter from Hades. I can't believe it was so bad, and they had just done that Blackhawk spinoff. I was quite surprised. It was a top performer in the first quarter (Cramer prefers Kroger)."

Tumi Holdings (NYSE:TUMI): "They did a secondary. I thought the quarter was good, but I'm unsure and I don't want to be in it."

Anheuser Busch Inbev (NYSE:BUD): "We did a huge breakout analysis of BUD (and other beer stocks). We hated every one of them. There isn't a reason to own them. Sell."

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Source: Cramer's Lightning Round - Workday Is The Son Of Salesforce (5/1/13)