Jim Cramer's Mad Money Lightning Round Picks, Feb. 7

Miriam Metzinger submits: Stocks discussed in the lightning round session of Jim Cramer’s Mad Money TV program, Wednesday February 7. Click on a stock ticker for more analysis:

Bullish calls:

Dick's Sporting Goods (DKS): 'I'd rather see you in DKS.'
Diageo (DEO): 'DEO's one of my best picks... even though they hit their 52-week high ... they are unbelievable, charging for a ridiculously bad blend... That stock, moving into China, I think DEO, at $80, goes to $100 in the next 18 months. I want you to stick with DEO.'
Northrop Grumman (NOC): 'I think NOC is unbelivable; they're a great company. The war has lasted a long time, and that defense appropriation budget is gigantic. Two thumbs up, way up, for all the defense contractors, including the big three of NOC, GD, and LMT.'
Lockheed Martin (LMT)
General Dynamics (GD)
Goldman Sachs (GS): 'I would much rather see you ... in GS, at $214 ... let's stick with best.'
Six Flags (SIX): 'That stock - 5-6, 5-6... When we get to summer, that stock goes to $8.'
Hanesbrands (HBI): ' I think HBI is very cheap ... I think HBI is a slow, plodding stock that will go higher. It's not exciting ... but it won't hurt you. I'm giving it one thumb up, but not way up.'
Lowe's (LOW): 'I want you to stay with LOW.'
Exxon Mobil (XOM): 'XOM is one of those stocks that Wall Street just absolutely loves... It returns a lot of money in dividends... It returns a lot of money in buybacks. My problem is that it's singularly unexciting ... But, that said, every money manager and his brother is into XOM.'
Devon Energy (DVN): 'If you want to get into oil that has a great future, I would go with DVN.'
Chevron (CVX): 'If you want to get into oil that is going from bad to good - and it is bad - go into CVX ... I think CVX will make you more money [than XOM.]'

Bearish calls:

Cabela's (CAB):' I thought it would take off. It is still at $24. My bad ... I am distinctly now in the 'don't buy, don't buy' camp.'
Home Depot (HD): 'HD is run by a guy who may or may not be good ... I want you to sell HD.'
Hudson City BankCorp (HCBK): ' Just added to the index - spiked up - came right back down ... Here's the problem: When you have an inverted yield curve, where the short rates are too high, and the long rates aren't that high, that's a bad environment for savings and loans in general.'
Chiquita Brands (CQB): 'That's a major league short ... Sell, sell, sell!'

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