Jim Cramer's Mad Money Lightning Round Stock Picks, Oct. 26

by: Miriam Metzinger

Miriam Metzinger submits: Stocks discussed in the lightning round session of Jim Cramer’s Mad Money TV program, Thursday October 26. Click on a stock ticker for more analysis:

Bullish calls:

General Motors: (NYSE:GM): 'GM is resting here. It's had such a run from $18 to $36, it can't just be expected to keep going. The quarter was very good. Let it take a little nap, and then it will start going higher.'
Blue Nile (NASDAQ:NILE): 'Another company that YHOO would do well to buy. We have liked this company, because it is a diamond company with no inventory; a tremendous play on the huge population growth in weddings and diamonds ... it's down 2% year to date. Let's reiterate my buy right now.'
Abercrombie & Fitch (NYSE:ANF): ' I have felt that ANF started this great retail run; it's at its 52-week high. I reiterate, if you haven't taken any profits, you should, but the stock's still probably going to creep a little higher.'
Allergan (NYSE:AGN): 'I would swap out of EYE and go right back into AGN on any weakness.'
Nokia (NYSE:NOK): 'I like NOK.'
Enterprise Products Partners (NYSE:EPD): 'It's a limited partnership; it's got a really good yield. 6.5%. It moves energy around. That is actually immune to any decline in energy. I always like nice and safe with 6%. So I'll give them one thumb up. Why not two thumbs up? Not a lot of growth.'
Nordstrom (NYSE:JWN): 'I'll give you high-end retail, which would be JWN.'
Garmin (NASDAQ:GRMN): 'I'm going to give you high-end growth which should actually be GRMN.'
Monsanto (NYSE:MON): 'I recommended MON early on in the 30s. And then I reiterated at $46. The stock is just marking time here. I think that the seed business is really a biotech business. People think the stock's expensive. I think on its growth rate of 22%, it deserves to sell at 30x earnings ... I am sticking with MON.'
Cisco (NASDAQ:CSCO): 'Telephone equipment... We're going to stick with CSCO, not the Chinese.'

Bearish calls:

Advanced Medical Optics (EYE): 'They just cut their forecast today; I don't want to touch that.'
Texas Instruments (NYSE:TXN): '... And, when it comes to TXN, that was a disappointing quarter too. I am worried about that group, and it's probably one of the few, if not the only groups I am worried about in the whole market.'
Motorola (MOT): 'MOT reported a so-so quarter.'
Tiffany (NYSE:TIF): 'When I think about all the terrific high-end plays, TIF ... disappointed me.'
Express Scripts (NASDAQ:ESRX): 'It was just simply not a great quarter. ESRX said the profit margins could be in trouble. Again, I have so many companies where the profit margins are exploding, why do I need ESRX?'
Constellation Brands (NYSE:STZ): 'I feel that STZ has been disappointing.'
Qiao Xing Universal Telephone (XING): 'Telephone equipment... We're going to stick with CSCO, not the Chinese.'
LifeCell (LIFC): 'Disappointing quarter.'

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