Jim Cramer's Mad Money In-Depth Stock Picks 4/27

Includes: ALR, NKTR, TVTY

Stocks discussed in the in-depth session of Jim Cramer’s Mad Money TV program, Thursday April 27th. Click on a stock ticker for more analysis:

On 'The Diabetes Epidemic':

Healthways (HWAY) -- For Diabetes maintenance; best of breed; biggest pure play disease management company in the country.

Matria (NASDAQ:MATR) -- For Diabetes maintenance; lost a third of its value in less than two months, now cheap.

Nektar (NASDAQ:NKTR) -- Makes delivery system for Exhubera, which will be the first inhalable insulin system on the market and possible blockbuster drug; just a trade -- don't hold for more than 18 months; drug should launch this summer.