Cramer's 'Mad Money Lightning Round': Don't Trash Waste Management

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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 during his 500th show:

Volvo (VOLV Quote): "We know the engines are great. ... I'm stickin' with the bull here. ... I should've been recommending this for a long time."

Blue Coat Systems (BCSI Quote): "52-week high, but it's Web security, and Web security is so hot that I'm not backing away. ... Blue Coat is a bullish stock that I think goes higher, and I like the whole Web security" group.

Netflix (NFLX Quote): "Don'tBuyDon'tBuy."

Crocs (CROX Quote): Cramer thinks it will keep going up until another analyst recommends it or until stores stop selling out their Crocs. "Until then, stay long."

Waste Management (WMI Quote): "Waste Management is in major bull market mode, as is that whole group. ... I want to stick with Waste Mangement."

The Governor's on the Line

New York Gov. Eliot Spitzer called Cramer to congratulate him on his 500th show. The two reminisced about their time together at Harvard Law School, and Spitzer joked that he'd done better in their securities law class than Cramer. Cramer told the governor that his call had made tonight's "Lightning Round" Cramer's favorite.

*For all you home-gamers, a 'mon-back opportunity means Cramer would back up the figurative truck and load up on a stock.

Want more Cramer? Check out Jim's rules and commandments for investing from his latest book by clicking here.