Jim Cramer's Mad Money Lightning Round Picks, Jan. 23

Miriam Metzinger submits: Stocks discussed in the lightning round session of Jim Cramer’s Mad Money TV program, Tuesday January 23. Click on a stock ticker for more analysis:

Bullish calls:

Schlumberger (SLB): 'I'm steering people toward SLB.'
Transocean (RIG): ' ... that's the cheapest international driller, now that SLB has run so much. That's a better buy.'
Companhia Vale do Rio Doce (RIO)
Allegheny Technologies (ATI)
Wachovia (WB): 'This is a 4% yielder with decent growth. Good quarter today. You know I like the regional banks. I say it's okay. I prefer BNS.'
Bank of Nova Scotia (BNS): ' I prefer BNS [to WB].'
Ford (F)
Marvell Technology (MRVL): 'I am going to recommend - even at the price of perhaps a shortfall near term - MRVL. I think that's one down and 10 up. That's my gift to you.'
Charles Schwab (SCHW): 'SCHW's good. ETFC's good. AMTD's good. They all trade more expensively, though, than the full-service brokers.'
Ameritrade (AMTD)
E*Trade (ETFC)
Goldman Sachs (GS): 'I have been recommending GS. The stock's been down for two days and, you know what? (motions to back up the truck for a 'mon-back) - even that short of time, and I want to buy GS, because I'm using a $300 price target and it's one of my stock picks of the year - my value stock pick...'
Johnson Controls (JCI)
Adobe Systems (ADBE): 'I think ADBE is unfairly being brought down. I think ADBE is right here ... I'd like to buy this one for my charitable trust. That's how great I think it is down here ... It's a triple buy. Buy, buy, buy! ... I want you to stay with it.'
@Road (ARDI): ' Good speculative play on the net. I like it, I'll endorse it.'
Darden Restaurants (DRI): 'Yes! That's a well-run company!'

Bearish calls:

Talisman Energy (TLM): 'I don't want to be in TLM. I want to be in RIG.'
Zoltek (ZOLT): ' I don't like ZOLT. I think it's played out. We recommended it on this show at $12. When it doubled, we took our profits. And I'm not going back. I do not want to own ZOLT.'
Syntax-Brillian (BRLC): 'No can do, my friend. That's like hamburger helper. I'd rather go for the real thing; I'd rather go for the filet mignon [MRVL].'
Fuel-Tech (FTEK): 'I like pollution control stories somewhat ... I'm concerned that this is one of those 'State of the Union' plays, where it drops down tomorrow, so let's take profits today.'
Visteon (VC)
SAIC (SAI): 'There is a sense that the consulting companies that report to the government for military purposes aren't doing well ... I think that SAI - which I liked a little too much, I now say - is just 'don't buy, don't buy' ... New position for me - new negativity.'
Evergreen Solar (ESLR): 'Another one of these (bear)... I am not going to countenance any of these solar plays with energy going down!'
Baker Hughes (BHI): 'BHI has a decent product portfolio, but RIG* is the name of the game ... because it's an international driller. '
Complete Production Services (CPX): 'No, we're going to RIG.'

Seeking Alpha publishes a summary of Jim Cramer's stock picks every day including: Mad Money Recap, Lightening Round, Stop Trading and Wall Street Confidential

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

Seeking Alpha is not affiliated with CNBC, Jim Cramer or TheStreet.com