Cramer's 'Mad Money Lightning Round': Kellogg Cracklin'

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

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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:

Xerox(XRX Quote): "Come on, man, that's like pseudo-tech, that's not well run. ... I need you to get with the Cisco(CSCO Quote) program if you want to be in tech. Out of Xerox, into Cisco."

J.C. Penney(JCP Quote): "Undervalued! ... I would say buy J.C. Penney. ... J.C. Penney should be bought right here. I would pull the trigger right here."

American Capital Strategies(ACAS Quote): "Very controversial stock. ... I'm on the fence on this. This is called a battleground, and Cramer avoids the battlegrounds. Don'tBuy."

Tesoro(TSO Quote): "I don't know, it's had a good run. ... If gasoline goes up to three bucks, you'll be right. But if it doesn't, you'll get burned. Why not be in ConocoPhillips(COP Quote)? Why not be in Chevron(CVX Quote)? Why not be in Exxon Mobil(XOM Quote)?"

Luxottica(LUX Quote): "Lux isn't cool. Lux made a lot of costly acquisitions. ... I like the company but it's a fashion company now, an optical fashion company. Don't buy."