Cramer's 'Mad Money Lightning Round': State of W.R. Grace

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" Tuesday evening:

Magellan Midstream Partners(MMP Quote): "You got a nice 5% yield, so you're not going to be in any danger even with Treasuries at 4.75%. But why not schnitzel a little? ... You're playing with the house's money."

ViroPharma(VPHM Quote): "Got hurt so bad, feel that I shouldn't opine on it. ... I am going to direct you to the aforementioned Incyte Pharma(INCY Quote) ... or Nastech(NSTK Quote)." And for a blue chip, Cramer offered Celgene(CELG Quote).

Opnext(OPXT Quote): "This decline was really awful. ... I would rather see you in Corning(GLW Quote). ... Got some of the same end markets, a better play."

W.R. Grace(GRA Quote): "Up 108% year over year. ... It's not done going up. Always liked it before the asbestos problem. I still like it now."

Quiksilver(ZQK Quote): "Paid way too much for a bunch of snowboards. ... If you are going to be in that best-of-the-apparel game, I am not your call. Too tough for me."

Level 3(LVLT Quote): "Up just an unbelievable amount on this thing. ... It's pulled back. I say it's time to strike. ... Let me throw in Rite Aid(RAD Quote). ... I am the only guy who champions" CEO Mary Sammons.

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