Cramer's 'Mad Money Lightning Round': General Mojo

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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" Thursday evening:

Qualcomm: "I reiterate my buy for Qualcomm. But the company has become the Rodney Dangerfield of wireless." Cramer owns the stock in his Action Alerts PLUS charitable trust.

General Motors: "Best-acting stock in the whole Dow. ... I think GM goes to 30. ... We can't underestimate the cost savings. We can't underestimate how good the cars are. It's no longer Generous Motors, either. It's been cutting back on those big benefits."

Mitsubishi UFJ Financial: "This stock is too cheap to believe. ... I declare it the cheapest bank stock in the world. Two thumbs up. Milagro."

LifeCell: "I think LifeCell only a dollar off its high is the perfect late-stage capitalism stock."

Under Armour: "It can't get any traction. Don'tBuyDon'tBuy. May I suggest you buy Vanity Fair (VF Corp.)?

UBS: "It could have unbelievable earnings. ... I think it goes back to 120."

Coherent: "It's a virtual mosaic of many optical telecommunications companies." But Cramer said to swap out of it and into Ciena.

Hansen Natural: "If you want to buy Hansen, wait till after the [stock] split."

LoopNet: "I'm going to give it a veiled bull."

Electronic Arts: "Can I throw in GameStop while we're at it? ... I think at 35 I'm going to back up the truck* -- ERTS."

McDermott: "It's a $42 stock, but that's a masquerade. It should be at 50."

Micron: "You stick with MU."

Continental: "I think this company is going to have a monster quarter. I think it's going to take down its 52-week high."

Peru Copper: "I want to send you to Southern Copper. I want you out of CUP and into PCU."