Cramer's 'Mad Money Lightning Round': Ix-Nay on the Ixia

 

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

Duke(DUK): "Duke is no longer one of my favorites."

Pinnacle West(PNW): "I like that. It's a decent utility."

Northrop Grumman(NOC): "I'd sell. I don't want to own any defense plays other than LLL (L-3 Communications(LLL))."

Hudson City Bancorp(HCBK): "I am bullish on Hudson. ... Hudson City at $12 is two thumbs up -- way up."

Ixia(XXIA): "You want a world of hurt" if you want in on Ixia. "SellSellSell."

Lowe's(LOW): "Lowe's is going to go up. It's going to go up 4 or 5 points."

Lightning Round

Bullish

Cramer was bullish on Google (GOOG), Nucor (NUE), Emerson Electric (EMR), Rockwell Automation (ROK), Texas Instruments (TXN), Advanced Micro Devices (AMD), PNM Resources (PNM), Coley Pharmaceutical Group (COLY), Washington Group International (WGII), Fluor (FLR), Jacobs Engineering Group (JEC), Michael Baker (BKR), IntraLase (ILSE), Pinnacle West Capital (PNW), L-3 Communications (LLL), Hudson City Bancorp (HCBK), Allegheny Technologies (ATI) and Lowe's (LOW).

Bearish

Cramer was bearish on Pathmark Stores (PTMK), Symantec (SYMC), Reliance Steel & Aluminum (RS), Navistar International (NAV), Northfield Laboratories (NFLD), Diodes (DIOD), Tessera Technologies (TSRA), Duke Energy (DUK), Northrop Grumman (NOC), Unova (UNA), EMC (EMC), Sovereign Bancorp (SOV), Ixia (XXIA) and Taser (TASR).

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James J. Cramer is a director and co-founder of TheStreet.com. He contributes daily market commentary for TheStreet.com's sites and serves as an adviser to the company's CEO. Outside contributing columnists for TheStreet.com and RealMoney.com, including Cramer, may, from time to time, write about stocks in which they have a position. In such cases, appropriate disclosure is made. To see his personal portfolio and find out what trades Cramer will make before he makes them, sign up for ActionAlertsPLUS. While he cannot provide personalized investment advice or recommendations, he invites you to send comments on his column by clicking here. Listen to Cramer's RealMoney Radio show on your computer; just click here. Watch Cramer on "Mad Money" at 6 p.m. ET weeknights on CNBC. Click here to order Cramer's latest book, "Real Money: Sane Investing in an Insane World," click here to get his second book, "You Got Screwed!" and click here to order Cramer's autobiography, "Confessions of a Street Addict." Cramer appreciates your feedback and invites you to send him an email by clicking here.

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