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Miriam Metzinger submits: Stocks discussed in the lightning round session of Jim Cramer’s Mad Money TV program, Thursday June 7. Click on a stock ticker for more analysis:

Bullish calls:

Morgan Stanley (MS): 'I'm a bull about Morgan Stanley.'
Goldman Sachs (GS): 'When Goldman Sachs is down another 5, that, my friends, is better than Morgan Stanley.'
Altria (MO): 'This is a stock to buy on the way down. ... Let's hope that it comes down so we can buy more.'
Wachovia (WB-OLD): 'Wachovia Bank's OK here. I'm not going to rave about it.'
Bank of America (BAC): 'That's cheap!'
Research In Motion (RIMM)
Google (GOOG)
Celgene (CELG): '... down below 60 was just a gift. It was a gift that would keep giving.'
GOL Linhas Areas Inteligentes (GOL)
McDermott (MDR)
Chemical & Mining Co. of Chile (SQM): 'When it comes to fertilizer, I like to go to Chile. I like to go to SQM.'
Potash Corp. of Saskatchewan (POT): 'Is okay.'
Gilead Sciences (GILD): 'That one's coming down, and so is Celgene. This group does tend to go down when the interest rates go higher.'

Bearish Calls

Rackable Systems (RACK):' I believe that Rackable Systems represents really bad tech.'
Annaly Capital Management (NLY): 'This is a stock that needs interest rates lower ... At 14, I would buy more.'
Foster Wheeler (FWLT)
Knight Capital Group (NITE): 'I happen to like the management of Knight. ... I don't want to be in Knight ... I don't want to touch them until they're lower.'
Rentech (RTK): 'It is too speculative.'

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Source: Jim Cramer's Mad Money Lightning Round Picks, 6/7/07