Cramer's Lightning Round - The Only Solar Stock Worth Buying (6/26/09)

Stocks discussed on the lightning round session of Jim Cramer's Mad Money TV Program, Friday June 26.

Bullish Calls:

Jabil Circuit (JBL): "I like it because I like tech...Dell reported a really bad number...the stock has been going up...I think that is signaling a buy in something like Jabil and I think you should buy more of it."

First Solar Energy (FSLR): "If you have to own a solar stock, this is the only one I am recommending. They don't need government subsidies to make money."

AstraZeneca (AZN): "Has a 6.7% yield...I should have been recommending it. I was worried about its cholesterol franchise..my bad, your good. That's a winner. Buy AZN."

Occidental Petroleum (OXY): "I like Oxy becuase I think oil is going to stay here or go 6 points higher. The most levered to oil of any of the majors. I think you've got a good one here."

Advanced MicroDevices (AMD)

Bearish Calls:

MGM Mirage (MGM): "Here's your guidance...sell, sell, sell."

Wyeth (WYE): "My least favorite drug stock and my least favorite drug combination..sell sell sell."

Rambus (RMBS): "I want you to sell Rambus...I want you to buy AMD."

:::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::

Seeking Alpha publishes a summary of Jim Cramer's stock picks every day including: Mad Money Recap, Lightning Round and his Stop Trading! Picks.

Get Cramer's Picks by email-- it's free and takes only a few seconds to sign up.

Seeking Alpha is not affiliated with Jim Cramer, CNBC or TheStreet.com