Cramer's 'Mad Money Lightning Round': GOL!

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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:

Investors Bancorp: "Sells at less than two times book. ... good service, good people, you hold onto it."

Eagle Materials: "I am a huge believer in the aggregate and cement business. ... Am I ever a compendium of rock. But, this stock's at a 52-week high ... I would take some off the table."

Rambus: "Another 52-week high ... this is really a court suit masquerading as a company ... but what a set of patents it is ... But "take a little off the table."

Palm: "When Research In Motion ... when they say that they do not see good growth in the future, you need to think like Cramer ... sell the Research In Motion, and buy Palm."

Tenaris: "Makes pipe for natural gas and oil. Talk about what we need. .. again, a schnitzel is warranted, but long term I'm still bullish."

OMI: "I'd rather see you too in National Oilwell Varco or in Nabors, which is a great driller."

Gol Intelligent Air: "I bless a buy right here and a 'mon back" at 25."

Weight Watchers: "Sells at half its growth rate. I would buy it here aggressively."

Flextronics: "I am not a fan of Flextronics. ... I am not a fan of contract manufacturing."

FoxHollow: "Multiple personnel changes at FoxHollow. ... I think there's problems here. I cannot back the truck up."

IndyMac: "I have consistently underrated this company ... I wouldn't back away from it. Change of posture. I'm buying it."

Time Warner: "Just had its third round of layoffs. .. I would sell that thing and when I finished selling it, I would sell it again."

Caterpillar: "If it backs under 70 ... a Friday 'mon back."

Sotheby's: "I wouldn't sell it until the spring auction season is over. We nailed [it] big."

Lightning Round

Cramer was bullish on Investors Bancorp(ISBC Quote), Palm(PALM Quote), Transocean(RIG Quote), Tenaris(TS Quote), Nabors(NBR Quote), GOL Linhas Aereas Inteligentes(GOL Quote), Weight Watcher's International(WTW Quote), Cisco(CSCO Quote), IndyMac Bancorp(NDE Quote), Caterpillar(CAT Quote) and Sotheby's Holdings(BID Quote).

Cramer was bearish on: Eagle Materials(EXP Quote), Rambus(RMBS Quote), Research In Motion(RIMM Quote), Weatherford International(WFT Quote), OMI(OMM Quote), Flextronics International(FLEX Quote), Solectron(SLR Quote), FoxHollow Technologies(FOXH Quote) and Time Warner(TWX 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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