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Stocks discussed in the in-depth session of Jim Cramer’s Mad Money TV program, Friday February 23. Click on a stock ticker for more analysis:

"Pipeline Play": Biosite (BSTE)

Cramer wanted viewers to take a look at Biosite which will be in demand if the Democrats "storm the winter palace" in November, because the money will go out of Big Pharma into "small, diagnostic plays." He likes the fact that Biotech is new and not yet played out, and comments that this producer of diagnostic tests keeps reinvesting money into new products. Cramer added Biosite is "sitting on top of a new product cycle," and should see an upside as well as more analyst coverage. He also predicts a short squeeze which should bring the stock up, and notes the company implemented a 12% buyback of its stock, and Fidelity is increasing its stake in the company from 12% to 15%. Cramer likes Biosite as a "pipeline story" and thinks the shorts are going to be sorry.

Here Comes the Sun Microsystems (SUNW)

Cramer declares that SUNW, a stock he has "hated for a very long time," is now an "under -$10 turnaround" because its new management is making serious changes by cutting costs and continuing to improve its sales. However, he cautions against impulse buying, and urges investors to find a good entry point and not to buy before Monday afternoon. Cramer sees upgrade potential, notes that its server business is "en fuego" and its software business is strong. He reminds investors to use limit orders when buying.

Related: Dan Farber discusses Sun Microsystems' "brutal efficiency" and increasing demand.

The Week Ahead: GlobalSantaFe (NYSE:GSF), Marvell Technology (NASDAQ:MRVL), Analog Devices (NASDAQ:ADI), Blockbuster (BBI), Dynegy (NYSE:DYN), Foster Wheeler (FWLT), McDermott (NYSE:MDR), Charter Communications (NASDAQ:CHTR), Sprint (NYSE:S), Gap (NYSE:GPS), Viacom (VIA.B), and VeriFone (NYSE:PAY)

On Monday, Cramer suggests buying GSF before it reports a "blowout quarter" and would pick up MRVL after its disappointing report. He sees hope for MRVL because ADI indicated the worst is over in the chip inventory cycle. Cramer says investors should sell BBI before Tuesday and buy some back after a selloff, and he would do the same with DYN. He predicts strong earnings for FWLT and MDR, would buy CHTR ahead of its report, and would only pick up Sprint if it has an "incredibly miserable" quarter. Cramer also suggests taking a look at GPS, Viacom and PAY.

Mad Mail: Sirius Satellite Radio (NASDAQ:SIRI) and XM Satellite Radio (XMSR)

When faced with a potential merger, Cramer says it is better to buy stock in the stronger rather than the weaker company, because even if the deal is off, the better company will rise.

Related: Carl Howe asks if the proposed SIRI/XMSR merger is an attempt to save satellite radio.

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Source: Jim Cramer' s Mad Money In-Depth Stock Picks, Feb. 23