Jim Cramer's Mad Money Lighting Round Picks 6/12

by: Miriam Metzinger

Recap of Jim Cramer's radio show on Monday June 12. Click on a stock ticker for more analysis:

Bullish calls:

Trump Entertainment Resorts (TRMP) 'I am shocked that this stock is holding above 20. I know that he's building some casinos all over the country, but the casino game is not that good. I would do some schnitzeling here - not an outright sell. Take some off the table. But TRMP is a winner, not a loser so, therefore, I refuse to walk away from the table.'
Alkermes (NASDAQ:ALKS): 'It's hanging in there, better than a lot of other stocks.'
Consolidated Edison (NYSE:ED)
Finisar (NASDAQ:FNSR):
'People just took that stock to the woodshed. It was almost as if they had a horrible quarter. - they had a good quarter! Would I buy it here? It's obviously speculative. But the answer is YES! And I would do a 'mon-back if it ever got to $2.25!'
MasterCard (NYSE:MA): 'They're two points down; they're six points up. That's enough for me.'
EuroZinc Mining (NYSEARCA:EZM): ' I think that EZM is a $2 call ... commodities can come back ... But if more than 1/5 of your portfolio is in a stock like EZM, you've got ... a house of pain.'
Corning (NYSE:GLW)
Netgear (NASDAQ:NTGR):
'Now, NTGR is the kind of company, that, if you buy it and put it away ... you will make money.'
Coach (NYSE:COH): 'Lou Frankfort on the show ... guaranteed a good quarter.'

Bearish calls:

Quidel (NASDAQ:QDEL): 'It's got some pretty good anti-virus stuff. I don't understand why it hasn't kept pace with a lot of pharma. Because pharma's making a move here. It does some terrific diagnoses stuff ... this stock at 9, then it's right, because it is making money; it's not losing money.'
Portland General Electric (NYSE:POR)
Express Scripts (NASDAQ:ESRX)
Comtech Group (COGO):
' ... That stock sells at 30x earnings. That's precisely what Bernanke and his crowd is shooting at.'
Georgia Gulf (GGC): 'I was very disappointed in the management of GGC. Here they were talking about building shareholder value and what do they do? They just spent a billion dollars buying a company ... they are crushing shareholder value.'
Universal Display (NASDAQ:PANL)

More: Cramer's latest stock picks, including: Mad Money Recap, Lightening Round, Stop Trading and his Radio Show.

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