Jim Cramer's Mad Money Lightning Round Picks, March 21

by: Miriam Metzinger

Miriam Metzinger submits: Stocks discussed in the lightning round session of Jim Cramer’s Mad Money TV program, Wednesday March 21. Click on a stock ticker for more analysis:

Bullish calls:

KB Home (NYSE:KBH): 'KBH is a struggle. Without definitive Federal Reserve relief, you've got a stock that's going to go $45-$50, because the other housing companies have not taken the bait, but I say they should, and bought this company.'
Citigroup (NYSE:C)
Walter Industries (NYSE:WLT): ' I've been recommending this stock all along... I think that this is a cheap conglomerate play that has a housing component that I think you're getting for free... I am going to reiterate my buy. Look, I got you in 3 points higher... It's certainly punishable, but I want to own WLT.'
Harley-Davidson (NYSE:HOG): 'Have faith, my friend. Have faith. It's still one of the greatest American brands. We did get a little nervous when we saw some inventory numbers ... they have taken a lot of their risk out of it, and they've built some reward in it... What loyalty this brand has! I think you're going to get it at a discount. I want you to pull the trigger!'
Lundin Mining (LMC): 'My take is that I will be right, because the minerals will come back when the Fed starts cutting!... and that's what they're going to do, and that's why you should buy more LMC! which has got the best zinc, and zinc is moving up - and I think has great copper.'
First Solar (NASDAQ:FSLR): 'I have said that there is only one alternative energy play, when we did our series of picking stocks among the rubble... We identified FSLR, up $2 bucks today... They don't need a federal government bailout... They don't need us to write checks to them to make money. I don't want you in.'
Exxon Mobil (NYSE:XOM): 'XOM is the anointed one.'
XTO Energy (XTO): 'If you need a wildcatter, I'm going to send you to XTO.'
Transocean (NYSE:RIG): 'And, if you need a driller, it is RIG, which today, at a conference, said that it welcomes consolidation. They will be bought!
BHP Billington (NYSE:BHP): ' BHP is moving up.'
Companhia Vale do Rio Doce (NYSE:RIO)

Bearish calls:

Sourcefire (NASDAQ:FIRE): 'You've got a little gain? I think you ought to take it. Sell, sell, sell! I've got so many high-quality stocks that were put on sale by the mortgage hangnail... so I'd rather have you in those... I will come back to the IPO market when I think they are going to close the spigot, and stop producing companies, and then making you pay too much for them..'
FuelCell Energy (NASDAQ:FCEL)
Occidental Petroleum (NYSE:OXY): 'Loser! Loser! I used to like those guys... OXY is a second-rate company now.'

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