Cramer's 'Mad Money Lightning Round': Hexcel-lent

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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" Friday evening:

Encore Medical: "This little $5 orthopedic number ... bull market in replacement parts because of the baby boomers."

Parker Drilling: "Another worst-of-breed selection. ... You have RIG [Transocean] trading at a discount. ... You have Nabors coming down. ... You have Schlumberger $2 off its high. ... I want you to sell that sucker."

Dow: "I think Dow goes to 45. May I lump in DuPont?"

Helix Energy: "It can run, but it can't hide. ... I think it goes higher. But remember, I prefer RIG."

Intel: "I think they need a change at the helm. ... I think it's flat-lining. The bottom line is paddles, clear, nothing. Sell Intel."

NYSE Group: "I think it's overvalued on a earnings basis but it's loved by retail. Why don't we hit the rare Don'tBuyDon'tBuy?"

Essex: "I think the stock goes higher. Back to 25."

Manulife: "Very good company."

Watsco: "You ... have stumbled into the No. 1 name in the group [air conditioning and plumbing] and you should stay long it."

Hexcel: "We've got a gigunda market in aerospace. I'm staying long Hexcel and I'm doing a 'mon back*."

Homestore: "That Homestore was a brutal miss. ... I've been burned by Homestore ... and I'm not ever gonna forget it. I got the tire tracks on my back."

CarrAmerica Realty: "Are you some sort of arbitrager?"

Lightning Round

Cramer was bullish on Encore Medical(ENMC Quote), Valero(VLO Quote), Transocean(RIG Quote), Nabors(NBR Quote), Schlumberger(SLB Quote), Dow Chemical(DOW Quote), Constellation Energy(CEG Quote), Essex(KEYW Quote), Manulife Financial(MFC Quote), Watsco(WSO Quote), Hexcel(HXL Quote) and Airgas(ARG Quote).

Cramer was bearish on Holly(HOC Quote), Parker Drilling(PKD Quote), Helix Energy Solutions(HELX Quote), Intel(INTC Quote), NYSE Group(NYX Quote), CyberSource(CYBS Quote), Homestore(HOMS Quote) and CarrAmerica Realty(CRE Quote).

*For all you home-gamers, a 'mon-back opportunity means Cramer would back up the figurative truck and load up on a stock.

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