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Stocks discussed on the lightning round session of Jim Cramer's Mad Money TV Program, Monday, February 8.

Bullish Calls:

Nike (NYSE:NKE): "I think that Nike is very cheap, I do not have visibility into the quarter… I do think that Nike can be bought on a scale down…. remember, this is not a good market… but Nike is a high quality name… there was a very good report that Goldman Sachs put out recently which said a lot of good things about Nike… I think that Goldman is right and Nike is right."

Potash (NYSE:POT): "Oh, you know that I like it… POT is my favorite because I like the yield... Potash is what I call a high beta stock… meaning that it could go up or down in a heartbeat… I want you to be careful with that one… I think, even though I like the fundamentals in 2011 for a return in fertilizer, POT is going to be a difficult one."

Church & Dwight (NYSE:CHD), Clorox (NYSE:CLX), Colgate (NYSE:CL) : "A very good company in this environment, but let’s not forget Clorox reported last week and so did Colgate. I actually prefer both of them to Church & Dwight… but Church & Dwight has got good fundamentals… it is the right kind of stock in this choppy environment."

Gilead (NASDAQ:GILD): "There is going to be a new formulation of the new anti-age drug coming out soon, we think that it is very powerful… Gilead had one of the best upside surprises this whole quarter… there is only a penny per share problem if the dollar stays this strong… I think that Gilead has everything that you want in this market… and I am a huge buyer… by the power of nine."

SPDR Gold ETF (NYSEARCA:GLD), Eldorado Gold (NYSE:EGO): "Is the gold stock that I want to own… or GLD, which is the tracking stock."

Visa (NYSE:V): "I know the chart looks bad...Visa had the best beat of almost any company… Visa and Cisco are the best two numbers last week and had the misfortune of coming on a really bad day… but Visa is really rocking and remember, that is not a credit issue… what it is, is people going from cash and check to debit card…"

Bearish Calls:

Silver Standard Resources (NASDAQ:SSRI): "You know I am not sure I am a believer in silver right here… I have to tell you that the precious metals complex is under tremendous liquidation by hedge funds…and I say let the stocks come down."

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Source: Cramer's Lightning Round - I Like Nike (2/8/10)