HOLX Hoax - Cramer's Lightning Round (5/29/08)

Stocks discussed in the lightning round session of Jim Cramer’s Mad Money TV program, Wednesday May 29.

Bullish calls:

Transocean (RIG): "Now, it's come back down. You know we like RIG. We've been liking RIG since $70."

National Oilwell Varco (NOV): "…they basically have a monopoly…NOV is probably my best pick... and I was salivating that it would go under $80, so I could pull the trigger and buy more."

Hudson City Bancorp (HCBK), UMB Financial (UMBF)

Bearish calls:

Harley Davidson (HOG): "I see it stabilizing... Pretty soon, I'm actually going to pull the trigger and recommend HOG again, because it is a great American brand name, with a weak dollar that people like, so I'm still in 'don't buy' camp... but, boy am I ever warming up to that one... "

Hologic (HOLX): "I am in the 'don't buy' camp until the CEO comes on…Otherwise, we need to see the next quarter, and I would encourage you not to build that position. It's too dicey."

Verasun Energy (VSE): "May I just say that that was one of the crop of stocks that took advantage of the craze that was ethanol, that I don't think is coming back... Sell, sell, sell!"

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