Cramer's 'Mad Money Lightning Round': IBM Won't Stay Blue

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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:

Wal-Mart(WMT Quote): "You have this tremendous 'mon back*- pullback going on. I think Wal-Mart on this pullback is a good opportunity and you should take it."

IBM(IBM Quote): "This stock is in its own personal bear market. ... I want to take advantage of it. IBM smacks of opporturnity."

McDonald's(MCD Quote): "I want you in Darden(DRI Quote). Best of breed, my friend."

Commercial Metals(CTC Quote): "Would you mind ringing the register? ... In the end, it's just a recycler."

Chesapeake Energy(CHK Quote): "The common stock is good. ... The Chesapeake preferred gives you a 4% yield and an upside into 44."

Monsanto(MON Quote): "Where's my button for en fuego? The seed business is rocking my friend. ... I'm doing a 'mon back* under 68."

Qwest Communications(Q Quote): "We are gonna take Qwest, and we're gonna ring the register. We're gonna take the money and put half of it in Cincinnati Bell(CBB Quote)."

Celgene(CELG Quote): "I like the stock ... I think Revlimid is a big drug. ... Celgene is going higher."

Psychiatric Solutions(PSYS Quote): "Would you mind if we gave that thing a little rest? ... If this were on the Jersey Turnpike, it's going 98 in a 65-mph zone. ... Don't buy it here. Ring the register."

Intel(INTC Quote): "It is getting its butt kicked by AMD(AMD Quote). I like the new ad campaign, I like that they're getting more energized. I'm gonna give it another year. I have a 20-year love affair" for the chipmaker, which Cramer owns for his charitable trust (ActionAlertsPLUS).

Acuity Brands(AYI Quote): "That's an outdoor lighting company hitting a 52-week high? ... You gotta take profits now."

Pilgrim's Pride(PPC Quote): "That stock is so oversold, but I admit I want to buy it for a trade." Up to 28, and then "we're out of there."