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Stocks discussed on lightning round session of Jim Cramer's Mad Money TV Program, Thursday July 23.

Bullish Calls:

Teva Pharmaceuticals (NYSE:TEVA): "I like Teva Pharmaceutical Industries Ltd.because it is a mixture of generic and proprietary… and that is my favorite in that group."

Aruba Networks (NASDAQ:ARUN): "It is part of my mobile internet theory… it is a buy, buy, buy… it is a little $7, $8 stock… I think that it goes higher."

Bearish Calls:

Mylan (NASDAQ:MYL): "You know, it has been a hot stock. If you are going to be in there, I like Teva Pharmaceutical Industries Ltd."

Moody's (NYSE:MCO): "You should be worried my friend… Warren Buffett is selling… Calpers is suing… what the heck man, I do not want to be in Moody’s."

Duoyan Global Water (DGW): "It is a Chinese water company, the answer to a lot of people's prayers is to try to find some play on water… I am a huge believer in China… I will not embrace this one… because I have not done the homework."


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