Jim Cramer's Mad Money Lightning Round Picks, Jan. 17

by: Miriam Metzinger

Miriam Metzinger submits: Stocks discussed in the lightning round session of Jim Cramer’s Mad Money TV program, Wednesday January 17. Click on a stock ticker for more analysis:

Bullish calls:

NYSE Group (NYSE:NYX): 'NYX is still my growth stock of the year.'
Altria (NYSE:MO): ' ... that's my number 1 value stock of the year, and we've been making money in that name. '
Public Storage (NYSE:PSA): 'PSA is one of those incredible situations where I believe... this group's in bull market mode, and it is not about to stop, and I think PSA is two thumbs up, way up!'
Tower Group (NASDAQ:TWGP): ' I like the insurance business. Obviously, a little expensive versus price to book, because it sells at like 4x book. But it's growth rate is equal to its P/E multiple.'
Transocean (NYSE:RIG)
GlobalSantaFe (NYSE:GSF)
Wells Fargo (NYSE:WFC):
'WFC - best in show quarter.'
JPMorgan (NYSE:JPM): 'I suggest you swap into JPM.' WFC - best in show quarter
J.C. Penney (NYSE:JCP): 'Let me just tell you to be in some JCP.'

Bearish calls:

General Motors (NYSE:GM): 'GM is in a holding pattern. It can't do anything until the numbers start getting better. Had they not lost Jerry York ... the stock would have gone to $40. Right now, it is strictly 'don't buy, don't buy...'
Hertz Global (NYSE:HTZ): ' Take the money and run! I don't want to be there.'
Intercontinental Exchange (NYSE:ICE): 'The ICE still does not melt... I do not understand why this stock is so strong, other than it trades oil... I still like NYX more. Don't buy, don't buy.'
LoJack (NASDAQ:LOJN): 'They missed the quarter.'
Del Monte Foods (DLM): ' ... it has been historically a bad investment, and it's not going to change. That company is poorly run!'
ON Semiconductor (ONNN): 'No, no, no. Time to ring the register. That particular part of the tech bull market is on hold until August.'
DivX (DIVX): 'We recommended it at $18. It was a fabulous call. We pulled the trigger. When it got to $28, we said enough is enough. It's back to $21. I'm not going away from that.'
King Pharmaceuticals (KG): ' ... I have disliked KG for as long as this stock has been going down. I don't like the generics. I reiterate my sell on KG. '
Tata Motors (NYSE:TTM): 'I cannot in good conscience say that I am going to recommend that you buy it, but I am certainly, certainly going to tell you - if you own TTM - you can hold it, but you better do a little schnitzelling...'
Hercules Offshore (NASDAQ:HERO): 'This is an example of the need to be selective. I want you to sell HERO. I don't like the U.S. offshore market.'
The Bank of New York (NYSE:BK): ' I'm not a big fan of stocks that have already announced big deals.'
Aeropostale (NYSE:ARO): 'No. I don't need that teen ghetto - it's too hard for me.'

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