Jim Cramer's Mad Money Lightning Round Picks, Sept. 5

by: Miriam Metzinger

Miriam Metzinger submits: Stocks discussed in the lightning round session of Jim Cramer’s Mad Money TV program, Tuesday September 5. Click on a stock ticker for more analysis:

Bullish calls:

MannKind (NASDAQ:MNKD): 'I like it a lot, even though it's burning money... Be careful, because it's losing a lot of money, but anything that involves insulin is two thumbs up, way up.'
Comcast (NASDAQ:CMCSA): 'You've got Brian Roberts working for you at CMCSA. I need you to swap out of CVC and get into CMCSA!'
Kellogg (NYSE:K): 'K has had a monster run. We had the CEO on. I was worried about raw costs; he convinced me not to be. But, right now, we are in a vicious and negative rotation that will suck K back to $48 and, when it does, I want you to pull the trigger and buy it multiple times at multiple levels down; don't come in all at once.'
Starbucks (NASDAQ:SBUX): 'You are not in trouble at all. Because tomorrow morning, you are going to buy more SBUX right here. That stock went from $37 to $29 because people got worried about same store sales; they're coming back.'
Ford Motor (NYSE:F): 'Ever since F pre-announced the really horrible quarter, and then it rallied, I have been behind F. Now, after the close today - actually 5 minutes left - Bill Ford bumped to Chairman. No longer going to be CEO. This is good news for F. F is two thumbs up.'
McDonald's (NYSE:MCD): 'I think MCD is cheap. I like MCD. I say two thumbs up.'
Merrill Lynch (MER)

Bearish calls:

EarthLink (NASDAQ:ELNK):'You are not in the house of pain with that one; you are in the house of correction!'
Cablevision (NYSE:CVC): 'Oh, you're a worst of breed fellow, are you?'
CanWest Petroleum (BQI); 'I've got enough problems with the good ones. I don't need BQI!'
Valero Energy (NYSE:VLO): 'VLO - they're buying back stock, but VLO's going to be in freefall until the price at the pump stabilizes. They make the margin between the barrel and what you pay at the pump. Therefore, VLO - reluctantly I say this, is a - don't buy, don't buy.'

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