Cramer's 'Mad Money Lightning Round': The Knock on Nokia

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 that callers offered up on the "Mad Money Lightning Round" Wednesday evening:

ConocoPhillips(COP Quote): "Of the major oils that will turn fast, Conoco will turn first. ... So you hold on."

KeySpan(KSE Quote): "I would be doing a little register-ringing."

Nokia(NOK Quote): "That is the secular loser. ... Motorola(MOT Quote) ... is the only cell-phone company I am willing to buy right now."

Research In Motion(RIMM Quote): This tech tape (market), while OK, is too hard for Research In Motion, which did not report a good quarter."

Micron(MU Quote): "This fits exactly my thesis of what I say you can tough it out with."

Red Hat(RHAT Quote): "Ring the register. Don't give that gain back. That's a precious gain."

Lexar(LEXR Quote): "I really want to back up the truck if that one comes down."

Google(GOOG Quote): "I think this stock acts remarkably well. I am still using a $350 price target by year-end."

Cree(CREE Quote): "I think this market's too tough to own the Crees."

Newmont Mining(NEM Quote): "I say ixnay on the Newmontay but yes on GG (Goldcorp(GG Quote)."