Jim Cramer's Mad Money Lightning Round Picks, 8/6/07

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Includes: AAPL, AUY, COST, CSCO, DELL, GG, GMCR, HPQ, IFNNY, MOV, MSFT, MWA, RATE, SLB, TSM, XOXO
by: Miriam Metzinger

Miriam Metzinger submits: Stocks discussed in the lightning round session of Jim Cramer’s Mad Money TV program, Monday August 6. Click on a stock ticker for more analysis:

Bullish calls:

Mueller Water Products (NYSE:MWA): 'A very inexpensive stock. I remember when this thing was first spun off from Becker, the fertilizer company... It shouldn't be at $14. I have to buy that. That is a very consistent grower.'
Schlumberger (NYSE:SLB): 'We've had a nice pullback here... I know that, if you own it, it doesn't feel nice... It's, at one point, a 10-point pullback ... I would pull the trigger on SLB ... Best quarter I have seen of the whole oil complex...'
Costco (NASDAQ:COST): 'Oh man, look at that... That was a 52-week high today ... I know why that hit a 52-week high... Because some of us are Gold Star members!'
Goldcorp (NYSE:GG): 'why am I not backing away from gold? I think gold belongs in everyone's portfolio, so I am not saying anything bad about GG.'
Yamana (NYSE:AUY): 'I know Yamana's been bad ... I'm sticking with AUY. It's a growth stock.'
Apple (NASDAQ:AAPL): 'I think that phone - despite the fact that everyone is blasting it - is a fantastic phone! I still like AAPL. I like the new Apple computers. I think AAPL's had its pullback, and is ready to rock again.'
Dell (NASDAQ:DELL)
Hewlett-Packard (NYSE:HPQ)
Green Mountain Coffee Roasters (NASDAQ:GMCR): 'Now, up $4 bucks, I'm like reluctant to hit this (bull button), because then people t say he's just chasing momentum... But I've got to tell you, I think this is a pretty good stock...'
Bankrate (NYSE:RATE): 'That was unfairly knocked down this week. That was a clean quarter.'
Cisco (NASDAQ:CSCO): 'I think Cisco Systems is going to be a good quarter. At one point, that stock was down 50 cents today. I was surprised.'
Microsoft (NASDAQ:MSFT): ' I want to own MSFT, and I want to own tech... '
CV Therapeutics (CVTX): 'You found the gem. It's a little $8 buck stock. It's really down on its luck... I'd pull the trigger. I think you're right. I think there's value there.'

Bearish calls:

Movado Group (NYSE:MOV):'You know, there's been insider buying of MOV... I know that the last quarter was good. I felt personally burned by MOV... I cannot get behind MOV.'
Taiwan Semiconductor Manufacturing (NYSE:TSM): 'TSM is a supplier. I want to buy the finished guys.'
Infineon Technologies (IFX)
The Knot (KNOT): 'I've got some internet companies that are en feugo and KNOT is not one of them... '

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