Jim Cramer's Mad Money Lightning Round Picks, May 22

by: Miriam Metzinger

Miriam Metzinger submits: Stocks discussed in the lightning round session of Jim Cramer’s Mad Money TV program, Tuesday May 22. Click on a stock ticker for more analysis:

Bullish calls:

Jacobs Engineering Group (NYSE:JEC): 'You know I think infrastructure is red-hot, and JEC is well behind after leading the group.'
Superior Offshore International (DEEP)
Oceaneering International (NYSE:OII)
Chicago Bridge & Iron (NYSE:CBI): ' ... they do a lot more business in the Middle East than almost anybody. CBI is one of those stocks that's $5 up, $1 down. You just caught the $1 down. Let's pull the trigger right now, CBI!'
Lowe's (NYSE:LOW): ' I think Bob Niblock is best in show ... I think the stock ran up a dollar because people thought it'd be a great quarter. It gave up the dollar. Now it's at $32. It's going to come back.'
Home Depot (NYSE:HD)
Switch & Data Facilities (SDXC): 'I like that business. I'm surprised it's down this low. I would buy it right here. Buy, buy, buy!'
Ball Corporation (NYSE:BLL): 'I think BLL is probably - on a split-up basis - is worth $60-65. I think you should buy it. I think you should buy it aggressively, BLL!'
Ionatron (IOTN): 'I still like it, but remember, this is one of those that is going to be up big, or it is going to be down big. And for $5, it's a nice call option.'
Verizon (NYSE:VZ): 'People have continually underestimated VZ's technology... and they've underestimated the leadership there ... I'll bank with Seidenberg. I'll bank with VZ technology, and I'll bank with a 3.8% yield.'
Cerner (NASDAQ:CERN): 'I've been recommending this stock. It is so good.'
Rite Aid (NYSE:RAD): 'I think that's a good stock... good long-term potential. Mary Sammons is the best CEO in the healthcare ... I want you to buy the stock on the equity offering ... RAD is going to $10.'
CVS Caremark (NYSE:CVS)
Walgreen (WAG)

Bearish calls:

Aegean Marine Petroleum (NYSE:ANW): 'No. Refining and marketing marine fuel... I'm going to give you a distinct 'don't buy' on that.'
Color Kinetics (CLRK): 'CLRK is too high. Don't buy, don't buy.'
Daktronics (NASDAQ:DAKT): 'I also don't like DAKT.'
Dendreon (NASDAQ:DNDN): 'I think the drug's not going to be approved. But, you know what? At this point, this thing's such a battleground, can I just say don't buy, and don't sell.'
Hovnanian Enterprises (NYSE:HOV): 'We're not buying that. It's actually the worst of the homebuilders, and that's really saying something.'
Sirius Satellite Radio (NASDAQ:SIRI)

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