Jim Cramer's Lightning Round

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'Mad Money Lightning Round': Don't Give Up on Potash

TheStreet.com Staff

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

Potash (POT Quote - Cramer on POT - Stock Picks): "Everyone wants to sell these stocks, but I believe we're still in the early stages of fertilizer shortages. I want to buy the fertilizer stocks."

Capstead Mortgage (CMO Quote - Cramer on CMO - Stock Picks): "I used to like these companies but they use too much leverage and I don't think the system is going to give it to them anymore. I want you to ring the register."

Compagnie Gnrale de Gophysique (CGV Quote - Cramer on CGV - Stock Picks): "You're messing with some difficult technology there. Why not go right to king Halliburton (HAL Quote - Cramer on HAL - Stock Picks)? HAL is going to $50. Back up the truck."

Visa (V Quote - Cramer on V - Stock Picks): "I like Mastercard (MA Quote - Cramer on MA - Stock Picks) more than Visa. If you want to hear a company in charge of their destiny, listen to the Mastercard conference call."

ConocoPhillips (COP Quote - Cramer on COP - Stock Picks): "I think Conoco is, and remains, a great integrated oil play. 2008 is the year of natural gas. I want to keep buying until natural gas goes to $16."

La-Z-Boy (LZB Quote - Cramer on LZB - Stock Picks): "That's easy: sell, sell, sell. I have no furniture companies that I'd ever recommend on this show."

MEMC Electronics (WFR Quote - Cramer on WFR - Stock Picks): "This is in the sell block. It continues to disappoint. It's not the technology that I like. I like First Solar (FSLR Quote - Cramer on FSLR - Stock Picks)."

*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 by clicking here.