Cramer's 'Mad Money Lightning Round': Headwaters Rafting

To see the full "Mad Money" Recap, please click here.

---

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:

Plug Power: "The PLUG does have a good relationship with Toyota Motor, but that's enough. Don'tBuyDon'tBuy."

Bema Gold: "You are not in the best of breed. The best of breed is GG (Goldcorp). GG pulls back to 34 from 37, that's where I do the 'mon back'."*

Powerwave: "Let's give them one more quarter [to see where it's headed]."

King Pharma: "The only one we like of that ilk is Teva ... and Dr. Reddy in India."

Crystallex: "I'm not backing away, but gold and silver came down because of the change in margin rules."

Broadcom: "I said that Broadcom should be sold. ... I said I would take it off before they reported. ... Now the stock has come down 5 ... my sources indicate just an OK quarter. ... I say don't buy until we see the whites of their eyes."

ConAgra Foods: "Drop the C and buy AG (Agco) right now."

Headwaters: "I say buy it. Down to 32, back up the truck."

Imax: "You're out, you're out. Go to the showers."

Bronco Drilling: "I like the drillers, but we have so many drillers that pulled back today." But Cramer recommended Schlumberger and National Oilwell Varco.

Consol Energy: "Cramer be bad. He was gonna recommend that stock at 56. ... Consol is going higher."

Steve Madden: "We recommended Steve Madden about 25 points ago. I would ring the register. I would rather see you in Brown Shoe. You can stay in it [Madden], but I won't recommend it."

Lightning Round

Cramer was bullish on KFX(KFX Quote), Blockbuster(BBI Quote), Goldcorp(GG Quote), Powerwave Technologies(PWAV Quote), Teva Pharmaceutical(TEVA Quote), Dr. Reddy's Laboratories(RDY Quote), Crystallex International(KRY Quote), Agco(AG Quote), Headwaters(HW Quote), Schlumberger(SLB Quote), National Oilwell Varco(NOV Quote), Consol Energy(CNX Quote), Peabody Energy(BTU Quote) and Brown Shoe(BWS Quote).

Cramer was bearish on: Plug Power(PLUG Quote) Bema Gold(BGO Quote), King Pharmaceuticals(KG Quote), Broadcom(BRCM Quote), ConAgra(CAG Quote), Imax(IMAX Quote), Bronco Drilling(BRNC Quote) and Steven Madden(SHOO Quote).

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

Want more Cramer? Check out Jim's rules and commandments for investing from his latest book by clicking here.