Cramer's 'Mad Money Lightning Round': Master Stroke

Stock quotes in this article: MA , SGP  

To see the most recent 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" Monday evening:

MasterCard: "How right you are. ... priced way too low on account of Vonage the Dog [which] burned so many people [and] brought the MasterCard pricing down. Two thumbs up, way up." Cramer sees MasterCard hitting 60 a share.

Clear Channel: "I want you to sell that stock nine ways to Sunday."

Newmont Mining: "Is the worst gold company, but you know what? What a neighborhood. ... I like the stock ... it's not my favorite."

Dell: "No, no, c'mon man. You want misery and company, I give that one to you."

Sun Microsystems: "I cannot have anyone buy Sun Micro, not on my watch. ... It's a gutter ball even with bumpers."

Ecolab: "I am distinctly in the no-buy camp."

Forest Labs: "Swap out of Forest Labs and get into Schering Plug [Plough]."

MGM Mirage: "I like Las Vegas Sands more than MGM. I like Wynn more than MGM. I like IGT more than MGM. ... Ixnay on the MGM.

Freeport McMoRan: "Down 5, I make my stand." Cramer said it's too cheap to give up on.

Lightning Round

Cramer was bullish on MasterCard(MA Quote), Newmont Mining(NEM Quote), Schering-Plough (SGP Quote), Las Vegas Sands (LVS Quote), Wynn Resorts(WYNN Quote), International Game Technology(IGT Quote) and Freeport-McMoRan Copper & Gold(FCX Quote).

Cramer was bearish on Vonage(VG Quote), Home Solutions of America(HOM Quote), Clear Channel Communications(CCU Quote), Dell(DELL Quote), Ecolab(ECL Quote), Sun Microsystems(SUNW Quote), Forest Laboratories(FRX Quote) and MGM Mirage(MGM 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.

Here's your chance to pick the stock you'd like me to feature on my radio show June 8:
Apple
 Enbridge
 		Genentech
 Heinz
 		Phelps Dodge
 Sun Micro

REMEMBER to listen in on Thursday for my take on the stock that wins this poll!
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At the time of publication, Cramer was long Schering-Plough.

Jim Cramer, host of the CNBC television program "Mad Money," is a Markets Commentator for TheStreet.com, Inc., and CNBC, and a director and co-founder of TheStreet.com. All opinions expressed by Mr. Cramer on "Mad Money" are his own and do not reflect the opinions of TheStreet.com or its affiliates, or CNBC, NBC UNIVERSAL or their parent company or affiliates. Mr. Cramer's opinions are based upon information he considers to be reliable, but neither TheStreet.com, nor CNBC, nor either of their affiliates and/or subsidiaries warrant its completeness or accuracy, and it should not be relied upon as such. Mr. Cramer's statements are based on his opinions at the time statements are made, and are subject to change without notice. No part of Mr. Cramer's compensation from CNBC or TheStreet.com is related to the specific opinions expressed by him on "Mad Money."

None of the information contained in "Mad Money" constitutes a recommendation by Mr. Cramer, TheStreet.com or CNBC that any particular security, portfolio of securities, transaction, or investment strategy is suitable for any specific person. You must make your own independent decisions regarding any security, portfolio of securities, transaction, or investment strategy mentioned on the program. Mr. Cramer's past results are not necessarily indicative of future performance. Neither Mr. Cramer, nor TheStreet.com, nor CNBC guarantees any specific outcome or profit, and you should be aware of the real risk of loss in following any strategy or investments discussed on the program. The strategy or investments discussed may fluctuate in price or value and you may get back less than you invested. Before acting on any information contained in the program, you should consider whether it is suitable for your particular circumstances and strongly consider seeking advice from your own financial or investment adviser.

Some of the stocks mentioned by Mr. Cramer on "Mad Money" are held in Mr. Cramer's Action Alerts PLUS Portfolio. When that is the case, appropriate disclosure is made on the program and in the "Mad Money" recap available on TheStreet.com. The Action Alerts PLUS Portfolio contains all of Mr. Cramer's personal investments in publicly-traded equity securities only, and does not include any mutual fund holdings or other institutionally managed assets, private equity investments, or his holdings in TheStreet.com, Inc. Since March 2005, the Action Alerts PLUS Portfolio has been held by a Trust, the realized profits from which have been pledged to charity. Mr. Cramer retains full investment discretion with respect to all securities contained in the Trust. Mr. Cramer is subject to certain trading restrictions, and must hold all securities in the Action Alerts PLUS Portfolio for at least one month, and is not permitted to buy or sell any security he has spoken about on television or on his radio program for five days following the broadcast.

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