Jim Cramer's Mad Money Lightning Round Picks, May 4

Miriam Metzinger submits: Stocks discussed in the lightning round session of Jim Cramer’s Mad Money TV program, Friday May 4. Click on a stock ticker for more analysis:

Bullish calls:

IntercontinentalExchange (ICE): 'It is killing the shorts that stock. ... That stock is a fave along with CME and CBOT Holdings. This group is fantastic ... raising margin, raising price."
Chicago Mercantile Exchange (CME)
CBOT Holdings (BOT):' This group is fantastic ... raising margin, raising price.'
Ciena (CIEN)
Tellabs (TLAB)
Progressive (PGR): 'One of the highest-quality insurers in the world.'
Prudential (PRU): ' ... are the ultimate insurers in this country.'
MetLife (MET)
United Online (UNTD): 'This company yields 5%. It's got momentum. It's doing well. ... United Online, you get a thumb up.'
Sears (SHLD): 'The stock was down badly today. I know people want me to run, they want me to hide ... I'm not selling a share. ... I am a believer.'
American Capital (ACAS): 'Eight percent yields ... consistently pilloried by the bears. ... I see 8% growth, sells at 13 times earnings; I see a stock that's going higher.'
Public Service Enterprise (PEG): 'Off of my electric bill alone, I would buy these guys.'
Exelon (EXC)
Duke Energy (DUK)
Consolidated Edison (ED)
Energy Metals (EMU): 'Been marking time. ... very speculative stock ... I think there's more upside.'
Hewlett-Packard (HPQ): 'The only tech stock that we're really behind right now is Hewlett-Packard.'
Bank of New York (BK)
Amgen (AMGN)

Bearish calls:

IPG Photonics (IPGP): 'All this stuff that goes into the big telecommunications world has turned very cold for me.'
FoxHollow Technologies (FOXH): 'They gave away the upside when they made that deal with Merck .'
Atmel (ATML): ' ... don't think there's any upside there.'

Seeking Alpha publishes a summary of Jim Cramer's stock picks every day including: Mad Money Recap, Lightning Round, Stop Trading and 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 CNBC, Jim Cramer or TheStreet.com