Cramer's 'Mad Money Lightning Round': Avoid Comtech Wreck

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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" Monday evening:

P.F. Chang's China Bistro: "You come to me with P.F. Chang's? SellSellSell."

Comtech Telecomm: "What went wrong with that quarter? ... It should be in the sweet spot. ... I think that decline is a tell, a tell of still-lower prices. ... And I need you to avoid a train wreck."

Conexant: "This, my friend, is called consolidation. ... I would tell you stick with Conexant, and if it drops below 3 bucks, I would regard that as a gift from the stock gods."

Wal-Mart: "This stock is going higher, and I need you on board."

Comverse Tech: "I'd wait for it to take out a 52-week low at 21 ... before I go bullish and do a 'mon back*."

Rambus: "It owns the key to high-speed graphics and color ... You got a winner. Do not back away."

Ericsson: "When it comes to cellular phone infrastructure, the answer is Ericsson. ... this sucker is going higher."

Cendant: "This company is not dead after all. A lot of people had written them off. ... I think this stock can go to 18," where Cramer recommended selling.

GameStop: "I sold it (out of his ActionAlerts Plus charitable trust portfolio) because the stock had gone out so much and I felt like a hog. ... But The Godfather (video game) ships tomorrow," which left Cramer wondering if he sold it too soon. He says it's likely to go higher.

Bronco Drilling: "I do not care for Bronco Drilling because I have my hands full with all the other drillers I like," such as Nabors.

Vodafone: "I myself am somewhat surprised that this stock is already not at 25. ... Two thumbs up, way up."