Jim Cramer's Mad Money Lightning Round Picks, March 8

Miriam Metzinger submits: Stocks discussed in the lightning round session of Jim Cramer’s Mad Money TV program, Thursday March 8. Click on a stock ticker for more analysis:

Bullish calls:

Saks (SKS): 'The company is en fuego. This is one of my favorite situations ... SKS is going up - I think - 4 or 5 more points.'
Sprint Nextel (S): 'I was impressed about that last quarter. I had been very negative about S ... They blew away the numbers. I think S is now a buy, buy, buy, particularly under $20. That stock can go much higher.'
Transocean (RIG): 'Take a look at the rates that RIG is now getting.'
Halliburton (HAL): 'HAL is on the move. I have said this is going to be one of my best stocks of 2007, and I am reiterating a triple buy. Buy, buy, buy!'
Logitech International (LOGI): ' I'm actually surprised this stock isn't doing better. They make the fabulous peripherals we all use. They make great mice. They did miss the quarter. I think the stock is a buy. I'm not backing away from LOGI.'
Dean Foods (DF): 'That company is all about returning money to shareholders. That special dividend plan is brilliant. I really want to plug these guys.'
Genzyme (GENZ): 'I think you've got to buy this company. I think that people are very worried about congressional action against biotech. That's not going to happen. GENZ's good.'
Gilead (GILD): 'GILD's good.'
Celgene (CELG): 'CELG's good. '
Walter Industries (WLT): It shouldn't have been hammered. All aboard! ... There's a lot of value there, if they choose to bring it out.'
Baxter International (BAX): 'BAX is the one that is operating on every single cylinder. I applaud BAX for what it's done. That stock has been at or near the 52-week high list for about a half a dozen years. BAX's a winner!'
Bard (BCR)
MasterCard (MA): ' This is an 'among the rubble' stock that came down during the selloff that I want to tell you right now... you need to buy more MA! I would pull the trigger multiple times. That's how much I like MA here. All aboard!'
Emerson Electric (EMR): 'Right here, it's got a 2.5% yield. It's one of the best-run manufacturers in the country ... It's growing at almost 12%. It sells at 16x earnings.'
Parker Hannifin (PH)
Illinois Tool Works (ITW)
Vail Resorts (MTN): 'I'll tell you, it's had a big run ... You know what, that's a good stock. On a pullback, I would have to pull the trigger. Buy, buy, buy!'
Regal Entertainment (RGC): 'You want to be there! These companies - these cinema companies are good - it's got a nice dividend. I think that this group was bad before. They've fixed their balance sheets. You should pull the trigger. I would own RGC.'
Ceradyne (CRDN): 'To tell you the truth, I'd rather be in CRDN.'
Union Pacific (UNP): 'Oh man, that stock is rocking ... I say it goes to $120.'
Goldman Sachs (GS)

Bearish calls:

Global Industries (GLBL): ' I would swap out of GLBL and go into GSF, RIG or HAL.'
RF Micro Devices (RFMD): 'Yeah, this is one of those little stocks that has had a nice move ... I think that you are too late, but these always come back again. I would sell, sell, sell, and when it comes in, back to $6 - buy, buy, buy!'
Acorda Therapeutics (ACOR): 'I've got to tell you, this is a very speculative stock. I'm reluctant to recommend it, with a lot of the great biotech stocks trading down so badly ... Don't buy, don't buy.'
Research In Motion (RIMM): 'I was not happy with Jim Balsillie [ co-CEO] with the options stuff... I expected more of Jim than that. He's one of my favorite executives. I do think that RIMM is good place to be ... Don't buy, don't buy. It's just too, too hard.'
ExpressJet (XJT): ' Look, XJT is frankly a don't buy. I don't want to go there. Don't buy, don't buy.'
Bristol-Myers (BMY): ' Sunshine, I've got to tell you something... I think that BMY is just okay right here. Don't buy, don't buy. It's had a very big move. I liked it much lower ... Sell, sell, sell!'
Pioneer Drilling (PDC): 'You cannot go with this land drilling! ... Sell, sell, sell, sell, sell, sell. It won't work!'
Take-Two Interactive (TTWO): 'I have been mad at myself. Yesterday, I looked at Steve Cohen's position in DE Shaw, and said to myself, 'These guys are going to replace management at TTWO. Maybe that's a reason to buy it.' That was a mistake. When I look at the core business, I don't know if there's anything there. I think I was too aggressive with TTWO ... I think Steve Cohen is a terrific guy. I totally respect his work. I think he might be wrong about TTWO.'
Jefferies (JEF): 'No, no. Missed the quarter. Missed the quarter.'
Force Protection (FRPT) 'To tell you the truth, I'd rather be in CRDN.'

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

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

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