Cramer's 'Mad Money Lightning Round': Celgene's a Buy

To see the full "Mad Money" Recap, please click here.

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Here's what Jim Cramer had to say about some of the stocks that callers offered up during the "Mad Money Lightning Round" Monday evening:

Headwaters (HW Quote): "I think that there's so many better plays in the alternative energy sector. SunPower's(SPWR Quote) better. First Solar's(FSLR Quote) better. I have to say ixnay on yours. I'd rather go with mine."

XM Satellite Radio (XMSR Quote): "I happen to like Sirius (SIRI Quote) better than XM. If the deal fails, Sirius will be more likely to survive than XM. So let's get rid of XM, and let's buy Sirius."

Tribune (TRB Quote): "I think Sam Zell's gonna find that 34 bucks. I think he's gonna do it, because he is a man of his word. Because of that, if I were an arbitrageur, I would be in the stock. But I don't recommend that, so that's why I've been saying sell it if you're an employee."

Blockbuster (BBI Quote): "I don't have a good view of this stock right here, so I am going to say Don'tBuy. ... It's too hard for me."

Cummins (CMI Quote): "I don't want to walk away from Cummins. I still think it's a world-dominating company. ... But I've been saying, my theme tonight is take a little off the table. ... The overall market could go down 1% to 2%."

Fossil (FOSL Quote): "They're doing everything right. My problem is I think the stock reflects that they're doing everything right. I would rather be a seller than a buyer after that better-than-expected quarter."

CIT Group (CIT Quote): "If they sell the company, you get 50. If they don't sell it and the economy doesn't pick up, you get 30. ... 8 down, maybe 11 up -- that's not a good risk/reward. I am telling you right here, do not buy CMT."

Amgen (AMGN Quote): "I have to tell you, I have not liked Amgen as much as Celgene (CELG Quote). Today, Celgene made another great bet. .. Celgene, another 52-week high. ... I'm sticking by my Buy, and I'm sticking by the management of Celgene, which is terrific."