Jim Cramer's Mad Money Lightning Round Picks, 8/14/07

by: Miriam Metzinger

Miriam Metzinger submits: Stocks discussed in the lightning round session of Jim Cramer’s Mad Money TV program, Tuesday August 14. Click on a stock ticker for more analysis:

Bullish calls:

Nova Chemicals (NCX): 'I believe that the chemical companies are radically undervalued, particularly because there are still a lot of Europeans that still want to buy them because of strong currency... I am saying yes to NCX.'
Research In Motion (RIMM): ' ..the highest-growth companies with best balance sheets... I am not backing away from a stock like RIMM.'
EMC (EMC): ' ... was down horribly today, even though the VMWare, but it was a bad day. I would buy EMC.'
Hewlett-Packard (NYSE:HPQ)
Cisco Systems (NASDAQ:CSCO)
Avnet (NYSE:AVT): 'I've been recommending Avnet Inc. which, weirdly, was at a 52-week high yesterday. I would swap out of IM and buy AVT. Can we wait for AVT to pull back? It just hit a high, but I like it.'

Bearish calls:

Xerox (NYSE:XRX): 'I feel that this is a stock that is just going to be nibbling... Don't buy, don't buy.... I am not going to recommend it.'
ViroPharma (VPHM): 'I just recommended it. It went down and, ever since then, I have hated it. I just feel like it's not what you want to do. Sell, sell, sell!'
Brocade Communications (NASDAQ:BRCD): 'Huge insider buying. I thought it went down because of Greg Reyes... I know that he was just convicted....don't buy, don't buy.'
Ingram Micro (NYSE:IM): 'It's down a lot. If I want to buy a distributor, I want something that has a little more value added.'
Dun & Bradstreet (NYSE:DNB): 'I've always liked that company ... It's still pretty high. It's at $95 ... Don't buy, don't buy.'
North American Palladium (NYSEMKT:PAL): 'Bernanke doesn't know that this is a deflationary spiral... You cannot be in PAL. I do not want you to stick with PAL.'

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