Jim Cramer's Mad Money In-Depth Stock Picks 5/2

Stocks discussed in the in-depth session of Jim Cramer’s Mad Money TV program, Tuesday May 2. Click on a stock ticker for more analysis:

Black & Decker (BDK) -- New line of strong cordless tools means the stock 'could hit $100'; has been buying back stock, had an 'awesome' quarter with EPS up 11% on only slightly higher revenue; cooling housing market means more home fix-ups -- good for BDK.

Celgene Corp. (CELG) -- Recent insider trading cases from Goldman and Merrill on this stock (leaked statement that CELG is takeover target); now that biotech has drawn back, buyer might well move forward; Cramer 'doesn't speculate on takeovers unless the fundamentals are good', and CELG's are indeed.

Intuitive Surgical (ISRG) -- Cramer and Herb Greenberg both like the stock after its 'beautiful quarter' and ongoing hospital demand for its products.

Telewest Global Inc (NTLI) -- The British company is a 'quadruple play' with video, internet, voice and wireless. Will gain in wireless by buying Virgin Mobile... looks like a 'better British Comcast'... postive recent management turnover.