Cramer's Lightning Round - I've Been Chastized By The Drillers (3/22/12)

by: Miriam Metzinger

Stocks discussed on the Lightning Round session of Jim Cramer's Mad Money TV Program,Thursday March 22.

Bullish Calls:

Pacific Drilling (NYSE:PACD), Schlumberger (NYSE:SLB): "Very speculative. I have been chastized by the drillers. That has been a tough place, but this one is deep water, and that is one segment that is worth owning, so I am going to bless it, because I like deep water. I'm also going to say that Schlumberger should be bought."

Amarin Corporation (NASDAQ:AMRN): "Is 100% spec, but I bless this spec."

Sandridge (NYSE:SD): "Is a decent spec. Every time oil comes down a couple of bucks, this gets hammered...I like SD."

Halcon Resources (NYSE:HK), Carrizo Oil & Gas (NASDAQ:CRZO): "I like these oil companies that have good southern oil exposure. I prefer Carrizo to Halcon, but I like the space."

NYSE Euronext (NYSE:NYX): "Tough call...good yield, but I want to see some growth. Without growth, the yield is not enough for me."

Bearish Calls:

Fuel Systems (NASDAQ:FSYS): 'It is too speculative. I'm not going to recommend it."


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