Jim Cramer's Mad Money Lightning Round Picks, May 30

by: Miriam Metzinger

Miriam Metzinger submits: Stocks discussed in the lightning round session of Jim Cramer’s Mad Money TV program, Wednesday May 30. Click on a stock ticker for more analysis:

Bullish calls:

Yamana Gold (NYSE:AUY): ' I am sticking by AUY as my play for when things go bad. That's what it is. It's basically a first aid kit you've got to take with you everywhere you go.'
Total System Services (NYSE:TSS): 'You are in great shape. TSS, I believe, will not be independent a year from now ... I like TSS as a takeover. And, on earnings, it should go to $40 alone.'
Celgene (NASDAQ:CELG): 'The stock's had a nice pullback, which means you should back up the truck. Every time we've had an 8% pullback in CELG, it has been miraculous to buy. I'm saying this time it will be no different.'
Sappi Ltd. (NYSE:SPP): ' ... we've got a government that's of, by and for the corporation, trying to keep the ChiComms from flooding us with paper, so this South African company can make a lot of money, and it's working! You stay long SPP!'
Volvo AB (VOLV): You're a genius! That is an unbelievable stock! ... It has a great industrial business. It has a great yield ... even right here at $21 bucks - I would back up the truck!'
Freeport McMoran (NYSE:FCX): 'It's also got gold, and it's much more levered to China buying it. Those ChiComms eat copper for breakfast!'

Neutral calls:

ConAgra (NYSE:CAG): 'They have a raw cost problem. All of that stuff is being bid up by ethanol. And so I can't get behind that. CAG, just okay. Candidly, I recommended it right here, and I'm not backing away from it, but the raw costs are out of control.'

Bearish calls:

Electronic Arts (ERTS): 'You know what? I'm giving up on this one... I'm putting the 'don't buy' on it. That's a change in plans.'
Finisar (NASDAQ:FNSR): 'No. I liked FNSR ... Their time has passed. They didn't get the big orders.'
Washington Group (WNG): 'My friend... Bulls make money, bears make money... hogs get slaughtered! You must sell WNG right now!'
Southern Copper (PCU): 'I like PCU.... I think FCX is better.'
Build-a-Bear (NYSE:BBW): ' if I go and recommend it on this show, that they will then have a shortfall, because they are wildly inconsistent. They are too dangerous for this guy ... If that stock were to go back to $25.00, I would pull the trigger.'

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