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Stocks discussed on the lightning round session of Jim Cramer's Mad Money TV Program, Monday July 27.

Bullish Calls:

Celgene (NASDAQ:CELG), Gilead (NASDAQ:GILD): "Gilead is much cheaper (than Geron). Buy Celgene on any pullback, absolutely."

Arm Holdings (NASDAQ:ARMH), Apple (NASDAQ:AAPL): "I actually like ARMH more than RIM. This is part of the great mobile internet revolution... Why be in RIM when you can be in Apple, dropped one point today...Apple is best in show."

Bank of America (NYSE:BAC): "Huge upside...they simply didn't tell a good enough story last week...at $13 is great; next stop is $18...you gotta pounce now."

Starent Networks (STAR-OLD): "Hot stock...is absolutely terrific classic case of internet mobile revolution. Moved up big but it has pulled back. Get on board and buy."

Bearish Calls:

Geron (NASDAQ:GERN): "No not going to go there. Too speculative. Sell sell sell."

CKX (NASDAQ:CKXE): "Too hard for me to value...too hard for everyone to value. I don't care for the entertainment business."

Thompson Creek Metals (NYSE:TC): "I want you to take your money out of it...play with the house's money...on the Freeport call...the CEO talked about how bad the lithium market is, and he says it is not coming back. Take half off..."

Research in Motion (RIMM)

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Source: Cramer's Lightning Round - BAC Is Back (7/27/09)