'Mad Money Lightning Round': Pick Up SPDR Gold Shares on the Pullback

Cramer says to use the pullback to build up your position in gold.
By Scott Rutt ,

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

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" Wednesday evening.

MIPS Technologies

(MIPS)

: "I think you pull the trigger. It's an Internet tsunami name. We can't get enough of those."

SPDR Gold Shares

(GLD) - Get Report

: "I think of gold as a currency. Use this weakness to build up 10% to 20% of your net worth in gold. Buy it on the way down."

Lockheed Martin

(LMT) - Get Report

: "This is a great company, but it's in an industry that in Washington's crosshairs. I can't recommend it, even though it pays a nice yield."

JPMorgan Chase

(JPM) - Get Report

: "

Wells Fargo

(WFC) - Get Report

has more upside. They are the best of the bank stocks, then JP Morgan, then

Bank of America

(BAC) - Get Report

."

--Written by Scott Rutt in Washington, D.C.

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Scott Rutt

.

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To watch replays of Cramer's video segments, visit the Mad Money page on CNBC

.

*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 by

clicking here

.

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