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

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

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

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

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

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

Bearish

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