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Stocks discussed in the lightning round session of Jim Cramer’s Mad Money TV program, Wednesday July 2.

Bullish calls:

Vectren (NYSE:VVC): "I like it. It's a good business and a good yield. I think you have a winner there."

StanCorp Financial (NYSE:SFG): “This is a financial, but it's a safe financial. Do not sell that stock; it's conservative and real good."

Enersis (NYSE:ENI): "I like it, I think its a buy. I don like like it as much as CPFL Energia.”

CPFL Energia (NYSE:CPL): “I like the utilities here and Latin America."

Harsco (NYSE:HSC): "Harsco down at $50 seems like a buy to me, but they're just being hammered here. I don't want to sell it, I want to buy some more. "

Bearish calls:

CVRD (NYSE:RIO): “Longer term I like RIO because of the mineral shortage around the world, but we need to see this acquisition before we can pull the trigger."

Goodrich (NYSE:GR): “Goodrich I don't trust yet, even at a 52-week low. Everyone's announcing that they're not buying planes and that's just bad news for all of the suppliers."

Skyworks Solutions (NASDAQ:SWKS): “They're in almost all of the cellphones, so they're a little insulated here. I would still sell a little and buy it back lower."

Valero Energy (NYSE:VLO): “No, no, no. We have not liked the refiners for a year. That's one part of the business that's not been able to raise prices. I don't want to touch Valero."

HealthSpring (NYSE:HS-OLD): "No, no. I'm just gun-shy on this group. I don't want to touch it until after the election. Its just too hard."

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Source: StanCorp a Safe Financial - Cramer's Lightning Round (7/2/08)