Jim Cramer's Lightning Round

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'Mad Money Lightning Round': Catch Corning Now

Scott Rutt

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

Corning (GLW Quote): "This has got great management and two great businesses, but here's the problem: The estimates keep coming down. I think this one has hit rock bottom and I'm going to recommend it right here, right now."

ICx Technologies : "This is an interesting speculation play. Let's say if it pulls back, why not pull the trigger?"

Ultra Petroleum : "Short term it's going to be rough sledding for Ultra. But I think it's OK longer term since they're a low cost producer."

Petrohawk Energy : "I have to tell you, one of these days they are going to come roaring back, but until then I cannot recommend it right now."

Check out the latest edition of "Cramer's Take on Top-Searched Stocks" on Stockpickr.

*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.