Cramer's 'Mad Money Lightning Round': Not Calling Avon

To see the full "Mad Money" recap, please click here.

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

Avon Products(AVP Quote): "Personal foul. Company doesn't know how to do anything right. That stock is really starting to kill people."

Banco Bradesco(BBD Quote): "It cannot be denied. It is running for the roses every day. ... That is the hottest bank in the world."

FedEx(FDX Quote): "The time to buy FedEx was Monday. If you want to play catch-up, and I don't mean Heinz(HNZ Quote), I would buy UPS(UPS Quote)."

PepsiCo(PEP Quote): "What's not to like?" They're gonna deliver the numbers. They're taking share from Coke(KO Quote). I think [Pepsi] rocks."

Lightning Round

Bullish

Cramer was bullish on Varian Medical Systems (VAR Quote), Banco Bradesco (BBD Quote), United Parcel Service (UPS Quote), Dresser-Rand Group (DRC Quote), Exelon (EXC Quote), Natural Gas Services (NGS Quote), UnitedHealth (UNH Quote), Caremark Rx (CMX Quote), Commerce Bancorp (CBH Quote), Psychiatric Solutions (PSYS Quote), Southwestern Energy (SWN Quote), Sunoco (SUN Quote), Skyworks Solutions (SWKS Quote), PepsiCo (PEP Quote), Abbott Laboratories (ABT Quote), Federal Realty Investment Trust (FRT Quote) and Apple Computer (AAPL Quote).

Bearish

Cramer was bearish on Pep Boys - Manny, Moe & Jack (PBY Quote), Avon Products (AVP Quote), TiVo (TIVO Quote), FedEx (FDX Quote), H.J. Heinz (HNZ Quote), OraSure Technologies (OSUR Quote), Champion Enterprises (CHB Quote), Panacos Pharmaceuticals (PANC Quote), Ventana Medical Systems (VMSI Quote) and Simon Property (SPG Quote).