Jim Cramer's Mad Money Lighting Round Stock Picks 7/27

by: Miriam Metzinger

Miriam Metzinger submits: Stocks discussed in the lightning round session of Jim Cramer’s Mad Money TV program, Thursday July 27. Click on a stock ticker for more analysis:

Bullish calls:

Abercrombie & Fitch (NYSE:ANF): 'I know that I like the stock at 53 ... But! I am not giving up on ANF - not here, not now.'
Corning (NYSE:GLW): 'GLW, through no fault of their own, missed the quarter. There's a glut of liquid crystal display terminals ... it's not GLW's fault.'
Crystallex International (KRY): ' ... I happen to think that Chavez is the real deal - he'll come around. KRY is for me, just as an absolute play on gold!'
United Technologies (NYSE:UTX): 'UTX delivered a crystal-clear quarter. They're doing a big buyback; they're delivering the numbers; they were bright about the future. This stock is everything I want, but this is a darn tough tape. I'm not throwing in the towel. UTX two thumbs up, way up!'
Conceptus (NASDAQ:CPTS):
'Medical device technology - you know I like it on this tape.'
Zimmer Holdings Inc. (ZMH): 'I no longer hate ZMH anymore; it looks like the Justice Dept. is giving them the wink and the nod.'
Pike Electric (PEC): 'PEC is the #1 hurricane play... they're the non-union play!'
Suncor Energy (NYSE:SU): 'Listen, SU is too cheap! ... down 10 points.'
Marathon Oil (NYSE:MRO): ' ... an unbelievably blowout quarter and then, what do they say? They're aggressively buying back stock ... why is the market selling it? The stock is down $3 from when they reported. The market's wrong!'
Fortune Brands (FO) ' FO reported a great quarter because of tequila sales..'.
Energy Partners Ltd. (NYSE:EPL): 'EPL's buying Stone Energy ... Once the deal closes, the stock bounces from $17 to $24.'

Bearish calls:

StrataSystem (NASDAQ:SSYS): 'This one's too hard for this environment.
Aetna (NYSE:AET): ' ... is perhaps the most poorly managed company I have seen in ages.'
Intuitive Surgical (NASDAQ:ISRG):'I say go before it cuts your head off. Hey, listen, there's horrible pin action in the whole multiple group.'
Grant Prideco (GRP RETIRED)
Energy Partners (ETL)
Andrew (ANDW):
'Don't you dare pull the trigger. That is in that area that is just so dead.'
Inco (NYSE:N):'There is a world shortage of nickel... though, Ben Bernanke does not like commodity plays.'

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

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