Cramer's Lightning Round - Devon Can Do What It Wants (7/22/10)

|
Includes: CRM, DECK, DVN, FFIV, NVDA, RAX, VMW
by: Miriam Metzinger

Stocks discussed on the lightning round session of Jim Cramer's Mad Money TV Program, Thursday July 22.

Bullish Calls

Devon Energy (NYSE:DVN) : "Yes, Larry Nichols [CEO] has got that balance sheet...beautiful... he can do what he wants...he can go natural gas he can go more oil... he is the guy in the catbird seat. I'm with Larry ...you should be too... buy some Devon."

Nvidia (NASDAQ:NVDA): "Did not have a first half... I am recommending it for the second half... this quarter won't be any good, but I'm saying buy for the second half of the year.

Salesforce.com (NYSE:CRM), F-5 Networks (NASDAQ:FFIV), VMWare (NYSE:VMW): "I'd rather see you in F5, up $10, if you want to have a play on growth of the net, or for servers, you can be in Salesforce.com or VMWare."

Neutral Call:

Deckers (NASDAQ:DECK): "Until I hear the conference call, I am not going to comment on Deckers."

Bearish Call:

Rackspace Hostng (NYSE:RAX): "No, no, no, no. I'd rather see you in F5, up $10, if you want to have a play on growth of the net, or for servers, you can be in Salesforce.com or VMWare."

::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::

Jim Cramer was up 31% in 2009. Click here now to sign up for Jim's Action Alerts PLUS and trade alongside him. Special discount for Seeking Alpha users.

Get Cramer's Picks by email - it's free and takes only a few seconds to sign up.