Jim Cramer's Lightning Round

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Cramer's 'Mad Money Lightning Round': Well Done, WellPoint

TheStreet.com Staff

Here's what Jim Cramer had to say about some of the stocks that Indiana University student callers offered up during the "Mad Money Lightning Round" Wednesday evening. The show was broadcast from Assembly Hall in Bloomington, Ind.:

DTE Energy(DTE Quote): "If you're going to go that route, I'd rather see you go Con Ed(ED Quote). ... I want more growth from that stock [DTE]."

WellPoint(WLP Quote): "Had I bought Indiana's own WellPoint, I would have been doing better (than with UnitedHealth(UNH Quote), which Cramer owns for his Action Alerts PLUS charitable trust) . "Best cost-containment health care company."

MedImmune(MEDI Quote): "I do believe that this company should be sold to other people that could do a better job." Cramer offered up his preferred trio of Gilead(GILD Quote), Celgene(CELG Quote) and Genzyme(GENZ Quote).

Eli Lilly(LLY Quote): "Very well run ... unbelievable work in the mental health business." But Cramer said Lilly "does not have the growth I want. Abbott Labs(ABT Quote) has accelerated growth. ... I salute the (Lilly) management, but I don't want to buy the company's shares.

Marshall and Ilsey(MI Quote): "Spun off its processing business ... committed to bringing out value in a time when a lot of regional banks are not to be owned."

Dendreon(DNDN Quote): "Now had a major move ... that is a very speculative stock though [for those] who want to buy it as a drug company."

Starwood Hotels(HOT Quote): "He [Steven Heyer] turned around Starwood, and the rumor is they're gonna be for sale. I want to own Starwood ... I feel Steve Heyer has not gotten his due." Heyer resigned earlier this week.

*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.