Jim Cramer's Mad Money Lightning Round, 2/1/08: Moneygram Nightmare

Stocks discussed in the lightning round session of Jim Cramer’s Mad Money TV program, Friday February 1. Click on a stock ticker for more analysis:

Bullish calls:

Focus Media (FMCN): ' …our favorite is Focus Media.'
Scana (SCG): 'That's just a classic great utility. Buy more. It's a good utility.'
PPL (PPL)
Exelon (EXC)
Countrywide Financial (CFC): 'I think Bank of America is going to have to raise their bid to get Countrywide. They're a good one.'
National Oilwell Varco (NOV): 'That's the only driller I want to by right now. I was going to buy that one for my charitable trust. I think it goes back to 75.'

Bearish calls:

Harman International (HAR): 'At this point in the cycle, I still don't want to own Harman. It's a discretionary item.'
VisionChina Media (VISN)
Moneygram (MGI): 'This thing is just a nightmare. I can't get my arms around it. It's just too hard.'
NetSuite (N): 'Unless Oracle is going to buy them, I just don't have any reason to own this stock.'
Brocade Communications (BRCD): 'I blew it, I thought the quarter was going to be good and it wasn't. I was wrong, and it's time to move on.'

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