Cramer's Lightning Round - A Couple of Days of Turmoil for the OIH (4/6/11)

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Includes: BEAM, EW, HCBK, HFC, OIH, RVBD, SDRL, TEVA, WFT
by: Miriam Metzinger

Stocks discussed on the Lightning Round session of Jim Cramer's Mad Money TV Program, Wednesday April 6.

Bullish Calls:

SeaDrill (NYSE:SDRL), Oil Services HOLDRs (NYSEARCA:OIH): "I think it is good. I like the oil drillers... I can foretell a couple of days of trouble for OIH... don't buy more until we get the all clear... maybe there will be a couple of days of turmoil for the OIH."

Hudson City Bancorp (NASDAQ:HCBK): "I think the regulatory problems are now behind them. It would be wrong to jump off... the negatives are well-known and the positives will shine through. In fact, I would buy, buy, buy."

Fortune Brands (FO): "I would buy it here... here's what I think; they've done a lot of good things... I want you to own the stock."

Weatherford International (NYSE:WFT): "I want to buy it... we feel it is right to pull the trigger. I want you to buy... remember the OIH could be weak for a couple of days, but you should leg into Weatherford."

Riverbed (NASDAQ:RVBD): "I think it is integral of intergration of wireless around the world... I am a buyer here."

Teva Pharmaceuticals (NASDAQ:TEVA): "I gotta tell you... it is a mystery to me why this stock is going up... I can't sell a stock that has been crushed... you know what, the healthcare stocks are going to bottom here... I think Teva is actually okay."

Edwards Lifesciences (NYSE:EW): "I like device companies... I like this company. It is down... people thinks its mojo is gone... I am a buyer of EW right here."

Bearish Calls:

Holly Corp (HOC): "I think the refiners should be sold when they report. They have had a very big run... they say this quarter is going to be magnificent... I say let it happen and sell, sell, sell."

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