Jim Cramer's Mad Money In-Depth Stock Picks, May 22

Stocks discussed in the in-depth session of Jim Cramer’s Mad Money TV program, Tuesday May 22. Click on a stock ticker for more analysis:

Six More Dow Stocks: Caterpillar (CAT), Citigroup (C), DuPont (DD), ExxonMobil (XOM), General Electric Co. (GE)

Predicting the Dow will jump 1,000 points by the end of the year, Cramer continued his series on Dow stocks with Caterpillar; "the single most misunderstood large-cap stock in our universe." He said CAT is in the "machinery sweet spot" and is levered more to infrastructure in the Middle East than it is to the American housing market. With 12% growth, Cramer predicts CAT will reach $90. The only thing standing between Citigroup and the $60 target, said Cramer, is CEO Chuck Prince (whom Cramer calls "The Clown Prince"), and Cramer added Prince's departure would move the stock to $65. Cramer once again sang the praises of KO 's international growth and new products and predicts the stock will reach $60 in six months. While DuPont has a seed biotech segment, Cramer comments DD is more expensive than Monsanto with half the growth and adds "it is definitely stalling here." Cramer calls XOM a "must-own" stock which behaves more like an ultra-conservative bank than an oil company, and predicts it will go higher. Concerning GE, Cramer said, "Parent company of this network, I have to take a pass on it."

It's a Gas: McMoRan Exploration Co. (MMR)

With the comeback of natural gas, Cramer recommends speculative play MMR, a driller in "high risk, high reward" wells which could double its reserves. He adds this $13 stock will grow in "spurts and gushes" rather than in "drips and tribbles," but he would use limit orders when buying. "Icall this $3 down, and who knows how much up," if MMR finds natural gas.

Charging Ahead: MasterCard (MA)

Cramer gives "three cheers for Capitalism" on the Supreme Court's decision to make it more difficult to go ahead with civil anti-trust suits. This is great news for MA which caught a triple but had a dark cloud hanging over it after American Express and Discover filed a suit against MA. An expected failure in court will lead to a "short covering tsunami" which will take MA much higher. In addition, fee increases should bring MA up another 30 points. Cramer would buy MA even at $139.

Related: Echo To All questions Cramer's bullishness on MA.

Mad Mail: Energy Metals Corp. (EMU), Halliburton (HAL), Level-3 Communications (LVLT)

When a viewer asked Cramer why he suggested selling EMU, he replied "You are about to become a Jimmy Dean sausage," in reference to his adage that hogs get slaughtered, "We've had a great gain in that thing. What are you doing?" Cramer pointed out to another viewer that LVLT "exploded to the upside" and has moved from $5 to $6.50. He added HAL is headed to $40.

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