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'Mad Money Lightning Round': Pepsico Is a Steal

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" Tuesday evening:

Pepsico PEP: "The stock is down a few points. It's being given away here. You keep buying it and putting it away."

North American Palladium PAL: "Interesting speculation on a profitable metal. I like that company."

Genco Shipping GNK: "I have to tell you something: I believe that all of these shipping companies are going to be sending goods to China for the hurricane relief. I like it."

McMoRan Exploration MMR: "I recommended this one a year ago and it's a terrific company. Stick with it, I still like that group."

Holly HOC: "No, no, the refining operations are a no-go. I don't want to be anywhere near the refining business."

Systemax SYX: "This is just another computer company. There's nothing special there at all. That company is just not going to make a good profit."

Arch Coal ACI: "I think Arch could go to $80. Everybody wants coal overseas, Arch is a super duper buy."

OM Group OMG: "No, they just blew the quarter, and blew it badly. That was a big miss and you can't own a company that missed that big."

*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.