Jim Cramer's Mad Money Lightning Round Picks, 4/8/08: XTO Marks the Spot

by: Miriam Metzinger

Stocks discussed in the lightning round session of Jim Cramer’s Mad Money TV program, Tuesday April 8. Click on a stock ticker for more analysis:

Bullish calls:

Qualcomm (NASDAQ:QCOM): “I think that QCOM has a pretty good future. I've got to be less negative, because they're solving a lot of these lawsuits... but I cannot... again, I am not a believer in tech here...”
John Deere (NYSE:DE): “We think that this is one of our great exports, provided that we don't repeal NAFTA...I’d buy it up to $100.”
El Paso (EP): “I think it's one of the cheapest out there …I think there's upside!”
Gentex Corp (NASDAQ:GNTX): “ …it's levered to some of the worst companies I've ever seen, which are the auto companies... I believe you've got to stick with GNTX. It's one of the few that I would...”
Johnson Controls (NYSE:JCI)
Mercadolibre (NASDAQ:MELI): “Have you seen the comeback, since they did that secondary? We were right to stick with it, even though it caused a lot of havoc… Buy, buy, buy!”
XTO Energy (XTO): “They just announced a very big acquisition. Those guys are en fuego. I say you stick with it and, if it goes under $60, you buy some more... Buy, buy, buy!”
Agnico-Eagle Mines (NYSE:AEM): “We want to buy AEM... we don't want to sell it. A lot of people are panicking out of gold. I think it's a mistake.”
Syngenta (NYSE:SYT): “We were behind since $27, and we're not relenting..”
Temple-Inland (NYSE:TIN)

Bearish calls:

Fifth Third Bancorp (NASDAQ:FITB): “That used to be a great institution with very conservatively-managed rules, and lots of restrictions on the bad kind of loans... All that's changed. This bank has now become an out-and-out sale.”
Visteon (NYSE:VC): “I don't want VC at all …Stocks don't go to $4 because they're valuable...”
International Paper (NYSE:IP): “All that thing's got going now is the dividend …IP is a sell... sell, sell, sell! IP doesn't know what it's doing.”
Marvell Technology (NASDAQ:MRVL): “This company has just been a horrible performer.”

Seeking Alpha publishes a summary of Jim Cramer's stock picks every day including: Mad Money Recap, Lightning Round, Stop Trading and Wall Street Confidential

Get Cramer's Picks by email -- it's free and takes only a few seconds to sign up.

Seeking Alpha is not affiliated with CNBC, Jim Cramer or TheStreet.com