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Stocks discussed on the Lightning Round session of Jim Cramer's Mad Money TV Program, Wednesday July 13.

Bullish Calls:

Southern Company (NYSE:SO): "...good high yielding stock...I feel so good about that stock...that is the stock you want to own as part of a good diversified portfolio."

VFC Corp (NYSE:VFC): "...is a stock we have been behind for so long...I am never going to be against taking a profit...but I think VFC goes higher."

Con Edison (NYSE:ED): " You are fine with Con Ed...I think Ed is terrific."

McDonald's (NYSE:MCD): "...has a great yield and goes up big even if it reports bad numbers. MCD is for you."

CenturyLink (NYSE:CTL): "We're close to the company...we think the yield is good...7.5 %...I'm not backing away from CTL."

Quest Diagnostics (NYSE:DGX): "I like it ...it has done nothing in a long time. It is beginning to move up...This stock used to be a high flyer. I don't know what has happened to it."

Ford (NYSE:F): "We don't care where it came from...it is in a holding pattern...it will go back to its 52 week high."

Bearish Calls:

iShares Silver Trust ETF (NYSEARCA:SLV): "...silver is poor man's gold... I am still lukewarm in SLV. I think it has too much hot money in it."

Arcos Dorados (NYSE:ARCO): "Why not buy McDonald's?..."

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Source: Cramer's Lightning Round - Too Much Hot Money in SLV (7/13/11)