Jim Cramer's Mad Money Lightning Round Picks, Aug. 19

by: Miriam Metzinger

Miriam Metzinger submits: Stocks discussed in the lightning round session of Jim Cramer’s Mad Money TV program, Tuesday September 19. Click on a stock ticker for more analysis:

Bullish calls:

Halliburton (NYSE:HAL): 'HAL ... It's splitting into an engineering and construction company, and then not a drilling company, but a service company... I actually think this $29 stock is worth $60! But it's going to take a detour. It could trade as low as $25 ... I'd put some on here. When it gets to $26 or $25, I'd pull the trigger for more!'
Sirius Satellite Radio (NASDAQ:SIRI): 'Somebody launched a bear raid against SIRI today by saying that Howard Stern wants to go back to terrestrial radio. I have got to tell you that Mel himself [CEO] he is assuring me that that is not going to happen. The stock was down 25 cents because of it. But, if he assured me that he was going to merge with XM Satellite Radio (XMSR), we'd have an $8 stock.'
New Century Financial (NEW): 'I just want you to understand that it is a riskier stock than you realize, because they are doing some second mortgaging, and a lot of people feel that that is precisely the group of people who will bite the dust. I say you're right. They're wrong.'
Yahoo! (NASDAQ:YHOO): 'I think comes back. I pulled the trigger for my charitable trust today, at $25.38, saying enough is enough!'
International Game Technology (NYSE:IGT) :
'I own IGT. That's been a winner. That's going to stay a winner.'
Broadcom (BRCM): ' ... a buy, even though it is having a weak quarter and is experiencing options issues.'

Bearish calls:

Smith & Wesson (SWHC): 'Ever since the federal government gave them blanket immunity against lawsuits, we've caught almost a triple, and you know what? It's not done. But, remember... pigs get slaughtered. Take a little off the table but, if it drops below $10, we're getting right back in.'
Symbol Technologies (SBL): 'But when MOT kicks the tires - they're paying about $15 for SBL - I need you to get out ahead of time.'
Knightsbridge Tankers (VLCCF): 'That dividend is suspect my friend.'
FortuNet (FNET)
Trinity Industries (NYSE:TRN):
'Too cyclical.'
Home Dep0t (NYSE:HD): 'Switch to Lowe's (NYSE:LOW).'

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