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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" Tuesday evening: Research In Motion (RIMM Quote - Cramer on RIMM - Stock Picks): "It's gonna be pulled down tomorrow by Apple (AAPL Quote - Cramer on AAPL - Stock Picks). ... Apple is the umbrella that RIM trades under. The umbrella sprung a leak. ... Let's wait." Freeport-McMoRan (FCX Quote - Cramer on FCX - Stock Picks): "Freeport is a very difficult stock. ... No one wants to own a copper company with a tinge of gold. ... Can trade into the $70s. ... I think it is still too high to pull the trigger."
Diamond Offshore (DO Quote - Cramer on DO - Stock Picks): "I would love to say yes. ... The CEO of Schlumberger (SLB Quote - Cramer on SLB - Stock Picks) said the business is in a transition year. ... The only offshore play that I really like right now is Transocean (RIG Quote - Cramer on RIG - Stock Picks), but that's down. ... Until we see more better numbers and higher oil prices, it at best marks time."
Shutterfly (SFLY Quote - Cramer on SFLY - Stock Picks): "Just way too risky. ... In this environment
I was looking at Yahoo! (YHOO Quote - Cramer on YHOO - Stock Picks) today. ... I can't get excited about that company on a takeover basis; I don't know how I can get excited about Shutterfly. ... Shutterfly's ... just not mainstream enough to make it right now."
J. Crew (JCG Quote - Cramer on JCG - Stock Picks): "I was shocked. ... It's got a great business model ... 6 points off its low, 18 off its high. ... Let's pull the trigger. ... I think J. Crew is next. That's a great call."
BHP Billiton (BHP Quote - Cramer on BHP - Stock Picks): "We don't need a Rio Tinto (RTP Quote - Cramer on RTP - Stock Picks)-BHP tie up. I've recommended two others tonight ... CVRD (RIO Quote - Cramer on RIO - Stock Picks) ... [and] Freeport. ... I'd buy Rio tomorrow, I'd buy FCX if it came down a little. ... [BHP] is not cheap enough vs. the other two."



