'Mad Money Lightning Round': Procter & Gamble Undervalued

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NEW YORK (TheStreet) -- 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.

Procter & Gamble (PG): "This stock is dramatically undervalued. This is the best packaged goods company and I think you should buy it right here."

Mexican Economic Development (FMX): "You're done, ring the register. "

Aruba Networks (ARUN): "I like it very much. This is part of the mobile Internet tsunami. I like Akamai Technologies (AKAM) more than I like Aruba though."

Linn Energy (LINE): "This is one of the best run companies. We need to see natural gas higher though before we can get bullish."

Bank of America (BAC): "I own this one for my charitable trust. Let me be clear: Once financial regulation passes, you won't be able to find these stocks anywhere near these levels."

-- Written by Scott Rutt in Washington

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

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At the time of publication, Cramer was long Bank of America.

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