Stocks discussed on the Lightning Round session of Jim Cramer's Mad Money TV Program, Tuesday May 29.
Bullish Calls:
AutoZone (AZO): "...it is a stable company and is buying back stock."
Pilgrim's Pride (PPC): "I like it because its raw cost is grain, and grain is coming down."
Arena Pharmaceuticals (ARNA): "I like it as a spec. That stock can go higher. That said, it has had a move, so let's be careful."
Bearish Calls:
Michael Kors (KORS): "I've got enough problems. I don't need to be in KORS."
Advance Auto Parts (AAP): "I don't want to be in that."
Terra Nitrogen (TNH): "They cut their estimates...don't buy that group."
ReachLocal (RLOC): "Don't reach for Reach...I'd be a seller and run."
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