Jim Cramer's Mad Money Lightning Round Picks, March 23

by: Miriam Metzinger

Miriam Metzinger submits: Stocks discussed in the lightning round session of Jim Cramer’s Mad Money TV program, Friday March 22. Click on a stock ticker for more analysis:

Bullish calls:

Cleveland-Cliffs (NYSE:CLF): 'Cheap, cheap, cheap, cheap, cheap! This is an iron pellet company, and there is a worldwide shortage of iron ... I believe that CLF - if it does not get the stock higher - will be purchased by another company - buy buy buy!'
Vodafone (NASDAQ:VOD): 'I think the 3% yield, plus the incredible assets it has in Europe yields a buy, and I would buy the stock.'
Gilead Sciences (NASDAQ:GILD)
Celgene (NASDAQ:CELG): 'I've got the CELG at $55.'
Genzyme (GENZ)
Infosys Technologies (NASDAQ:INFY): 'You know that's one of my favorite outsourcing companies! Now there are a lot of people who won't want to put money in Bangalor... I think those people are short-sighted.'
Accenture (NYSE:ACN): ' ... you could always do ACN, ahead of next week's quarter, which I think will be good.'
Six Flags (NYSE:SIX): 'They reported a quarter that everyone said was bad. And did the stock blink an eye? Absolutely not. I am with you. I believe the comparisons will be really easy for SIX. Pull the trigger my friend.'
Sun Microsystems (NASDAQ:SUNW): 'I think SUNW is okay. This is a new position for me. I have historically disliked SUNW... At $6 bucks, I don't know... enough hate is enough. They've got a new CEO. They've got a KKR shareholder. I think there's a lot of ways to win. $1 down, $3 up.'
Indevus Pharmaceuticals (IDEV): 'I recommended IDEV... and it is still ramping... but it's a little $6 stock, so I'm not going to push it hard here. They've got a lot of compounds... I would take a shot. It's a flyer. It's a speculative name.'
Apple (NASDAQ:AAPL): 'If it's going to $100 and beyond, I don't think $93 is a bad level, but let's do it this way: Let's buy 25 shares, with the hope it comes in so we can get our 100 shares in... I think iPhone is going to be gigantic. '
Amgen (NASDAQ:AMGN): 'I say buy it here with a minimum risk/reward. Maybe even do it in deep-in-the-money in options.'

Bearish calls:

Boston Scientific (NYSE:BSX): ' We pulled the trigger, and told people to sell at $18, and I am not changing my mind. I still don't like BSX, even down here at $15. Sell, sell, sell!'
Baidu.com (NASDAQ:BIDU): 'I can never trust the communist Chinese communists to allow a free-speech internet to be able to prosper... which is why I refuse to endorse BIDU. Don't buy, don't buy.'
Pozen (NASDAQ:POZN): ' Too dicey, ever since they did that migraine game... I've got the CELG at $55. That's better. I like the GILD better too. And let's not forget GENZ!
Nokia (NYSE:NOK): 'NOK is falling apart.'
Motorola (MOT): 'MOT is competely and utterly just (house of pain).'

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