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Stocks discussed on the lightning round session of Jim Cramer's Mad Money TV Program, Friday June 19.

Bullish Calls:

MetLIfe (NYSE:MET): "MetLife did not need TARP. It's a very good situation. Two thumbs up."

Union Pacific (NYSE:UNP): "They have much more ability to cut costs and grow not just revenues but income."

First Solar (NASDAQ:FSLR)

First Merit (NASDAQ:FMER): " I still think that FMER is going to be the winner, when the smoke clears, because they've got the best balance sheet, and that is what's going to matter eventually."

United Technologies (NYSE:UTX), Honeywell (NYSE:HON): "I do believe that it's had such a big run here, that it could cool off... it's a fantastic company..Honeywell and United Technologies are better ways to play aerospace than Boeing. I think you've got a real winner there."

Walgreens (WAG), CVS Pharmacy (NYSE:CVS): "I like it a lot... CVS also has this very good pharmacy benefit management business... I think Walgreens is a win, but I do like CVS more than Walgreens."


NII Holdings (NASDAQ:NIHD): "I cannot give you a straight answer on that one, because I don't know right now how it is. Now I will come back next week and definitely answer that,"

Bearish Calls:

Norfolk Souther (NYSE:NSC): "You know, I struggle over Norfolk Southern because the companies that have the most exposure to the kind of traffic that I don't want... a lot of coal... which I think is a worldwide slowdown."

Eaton (NYSE:ETN): " I do not think it's going to be a good quarter, nor do I think the next quarter's going to be good, but I think the dividend's safe. I would hold onto Eaton... hold onto it."

Trinity Industries (NYSE:TRN): " My take on Trinity is that there are a lot of plays that are better if you want alternative energy, including First Solar and a lot of other plays that are better on rails, which would include Union Pacific, so I'm going to take a pass on TRN, and tell you not to do anything."


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Source: Cramer's Lightning Round - All Aboard Union Pacific (6/19/09)