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Stocks discussed on the Lightning Round session of Jim Cramer's Mad Money TV Program, Tuesday July 17.

Bullish Calls:

Edwards Lifesciences (NYSE:EW): "This is the solution for people who don't want open heart surgery after the age of 50...that's why I'm not giving up. Everyone on The Street has been giving up on it. I like it all the way."

MarkWest Energy (NYSE:MWE), Enterprise Products Partners (NYSE:EPD): "Everyone has given up on MarkWest...we put the CEO on (the show)...it has come back along with all the others. EPD, another one of my favorites, is at a 52 week high."

VirnetX Holding Corporation (NYSEMKT:VHC): "I wasn't a believer. This is up the most of almost any stock since the show began. They do have some intellectual property and they keep winning lawsuits. I'm not against it, I am for it."

Exelixis (NASDAQ:EXEL): "One of our preferred biotech spec plays...this one has a lot of mojo. As long as you recognize it is a spec, it is fine with with me."

US Airways (LCC): "...I think they are going to buy AMR, and LCC is the one I'm recommending."

SPDR Gold Trust (NYSEARCA:GLD): "I like GLD (instead of gold stocks)."

ConocoPhillips (NYSE:COP): "I think we should pull the trigger and buy COP. I like that yield. I like the upside in COP. It is a buy, buy, buy."

Bearish Calls:

Facebook (NASDAQ:FB), Yelp (NYSE:YELP), Zynga (NASDAQ:ZNGA), Groupon (NASDAQ:GRPN): "(About Facebook), everything I'm hearing is bad. The mobile ad scene is bad. The click through rate is negative. Maybe we need to see the quarter and we may get some upside surprise, but right now, Facebook is Yelp, it is Groupon, it is Zynga. I know those aren't making money and FB is, but I'm scared of FB."

Alaska Air Group (NYSE:ALK): "I used to like that one. I said if you had to own one that is okay...but now I prefer United Airlines."

Kinross Gold (NYSE:KGC): "...big acquisition, not so good. I don't like gold stocks to begin with."

Skyworks (NASDAQ:SWKS): "Tech is not so great here. I would ring the register. It is scattered. The stock could go to $21 or $22. You could buy it back, but I would ring the register."

Polycom (NASDAQ:PLCM): "Video conferencing is hard as all get out. Even Cisco had a hard time with it. I say ixnay."

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Source: Cramer's Lightning Round - I'm Scared Of Facebook (7/17/12)