Jim Cramer's Mad Money Lightning Round Picks, May 23

by: Miriam Metzinger

Miriam Metzinger submits: Stocks discussed in the lightning round session of Jim Cramer’s Mad Money TV program, Wednesday May 23 Click on a stock ticker for more analysis:

Bullish calls:

Gilead Sciences (NASDAQ:GILD):' ... at $81 - a nice little pullback.'
Celgene (NASDAQ:CELG): ' ... has not only not let us down, but now has a cure for the heartbreak of psoriasis.'
Patterson-UTI Energy (NASDAQ:PTEN): 'PTEN is a land driller and, I think, has room to catch up to King Halliburton.'
Halliburton (NYSE:HAL)
Saks (NYSE:SKS): 'If you add the $8 in dividends, plus the appreciation, we almost have a double right here. Let the stock come in ... I was not concerned about the gross margins. I think it's a chance to buy, but we only double down when things have been cut, and cut, and cut. You do a schnitzel, my friend, not a full buy.'
Schering-Plough (SGP): 'I should have taken half off, and let the rest run. My advice to you, to take half off and let the rest run. This stock's a double, but it's still going up.'
BP (NYSE:BP): ' BP, with a 3+% yield... BP, with still some good properties, with the possibility that they're restructuring... I say you pull the trigger right here.'
Cisco (NASDAQ:CSCO): ''Lets just stick with Cisco.It's down three straight points. That's the better... I like best of breed.'
RadioShack (NYSE:RSH): ' ... give Julian Day the benefit of the doubt. He's the CEO ... He's rationalizing the stores... He is making it so it's a profitable enterprise. The answer is: Stay long!'

Bearish calls:

RH Donnelley (RHD): 'It's been too high. I've watched the private equity rumor, over and over again. There's been too much hype in the name... I want to sell RHD.'
Geron (NASDAQ:GERN):'Stem cell speculation... Not for me. Sell, sell, sell! I don't want to come near it. It's up too high.'
Tellabs (NASDAQ:TLAB): 'TLAB's was one of the worst quarters I have heard.'
Marvell Technology (NASDAQ:MRVL): ' ... when you look at a stock like MRVL, I bought it... What was I doing? The financials weren't clean. There is a sign on my desk... and what it says is... Accounting irregularities equals sell. Did I look at that before I bought the stock? I did not.'
Sally Beauty Holdings (NYSE:SBH): 'It's a 'don't buy, don't buy...' I didn't like their quarter. I did take a hard look at it though.'
Crystallex (KRY): 'No. Chavez don't give a darn about his people... sell, sell, sell! I want you out of that stock now. Enough with him. Enough with that country, unless they come around to our ways.'

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