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Stocks discussed on the Lightning Round segment of Jim Cramer's Mad Money Program, Tuesday July 1.

Bullish Calls:

  • EQT (NYSE:EQT), EOG Resources (NYSE:EOG): "I like EQT, but I'm an EOG guy from way back. I'm staying with the one who brought me."
  • Valero (NYSE:VLO): "Valero is a buy."
  • General Motors (NYSE:GM): "When a stock goes up on bad news, what happens when you get good news? It goes much higher."
  • Verizon (NYSE:VZ): "If I want wireless, I want Verizon."
  • Timken (NYSE:TKR): "We want Timken. It is really good."
  • Genworth Financial (NYSE:GNW), Radian (NYSE:RDN): "I like Genworth. That is my favorite. I like Radian, too."

Bearish Calls:

  • Ruckus Wireless (NYSE:RKUS): Cramer prefers Verizon.
  • U.S. Steel (NYSE:X): "We don't want that. We want Timken."
  • MBIA (NYSE:MBI): "People are saying it is long in the tooth." (Cramer prefers Genworth and Radian)

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Source: Cramer's Lightning Round - I'm An EOG Guy (7/1/14)