Stocks discussed on the Lightning Round session of Jim Cramer's Mad Money TV Program, Monday May 7.
Bullish Calls:
LSI Corporation (LSI): "People don't understand it...it keeps getting better and better. That was a great quarter...that was on fire. LSI should be bought."
Time Warner (TWX): "I want you to own it...it is a sub rosa housing play. They continue to deliver good content and are doing a good job."
Cliffs Natural Resources (CLF): "I like the yield...it's at 4.2%. They just raised it. People hate commodities stocks, but that yield is going to make it stabilize."
Bearish Calls:
Scholastic Corporation (SCHL): "The earnings have been inconsistent there...I am tired of stocks that go up huge and they go down huge. Don't buy."
ARM Holdings (ARMH): "I'm worried about ARM Holdings. I think Intel is going to challenge them. I am concerned that it has gotten overvalued. That is a new position for me."
::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::
Jim Cramer's Action Alerts PLUS: Trade right alongside a Wall Street pro! Start your 14-day FREE trial today.
Get Cramer's Picks by email - it's free and takes only a few seconds to sign up.
