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

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."

Arena Pharmaceuticals

: "Two thumbs up, and the sellers, you oughta show some respect for that diet drug."

Best Buy

: "I'm pulling the trigger right here. How 'bout a little pin action? I actually like

Circuit City

here."

"

Altria

is a stock that should be bought now."

Alberto-Culver

: "Should have been up another $5. ... I want you to stay with Alberto-Culver."

Elan

: "I want you to swap out of Elan and move aggressively into

Biogen Idec

."

Image placeholder title

Lightning Round

Cramer was bullish on

Qualcomm

(QCOM) - Get Report

,

General Motors

(GM) - Get Report

,

Alamo Group

(ALG) - Get Report

,

Valero Energy

(VLO) - Get Report

,

Mitsubishi UFJ Financial

(MTU)

,

LifeCell

( LIFC),

VF Corp.

(VFC) - Get Report

,

UBS

(UBS) - Get Report

,

Ciena

(CIEN) - Get Report

,

LoopNet

(LOOP) - Get Report

,

McDermott International

(MDR) - Get Report

,

Micron Technology

(MU) - Get Report

,

Continental

(CAL) - Get Report

,

Southern Copper

( PCU),

Arena Pharmaceuticals

(ARNA) - Get Report

,

Best Buy

(BBY) - Get Report

,

Altria

(MO) - Get Report

,

Alberto-Culver

(ACV) - Get Report

and

Biogen Idec

(BIIB) - Get Report

.

Cramer was bearish on

Western Refining

(WNR)

,

Under Armour

( UARM),

Coherent

(COHR) - Get Report

,

Hansen Natural

( HANS),

Electronic Arts

( ERTS),

Peru Copper

( CUP) and

Elan

(ELN)

.

*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 from his latest book by

clicking here

.

At the time of publication, Cramer was long Altria, Mitsubishi UFJ Financial and Qualcomm.

Jim Cramer, host of the CNBC television program "Mad Money," is a Markets Commentator for TheStreet.com, Inc., and CNBC, and a director and co-founder of TheStreet.com. All opinions expressed by Mr. Cramer on "Mad Money" are his own and do not reflect the opinions of TheStreet.com or its affiliates, or CNBC, NBC UNIVERSAL or their parent company or affiliates. Mr. Cramer's opinions are based upon information he considers to be reliable, but neither TheStreet.com, nor CNBC, nor either of their affiliates and/or subsidiaries warrant its completeness or accuracy, and it should not be relied upon as such. Mr. Cramer's statements are based on his opinions at the time statements are made, and are subject to change without notice. No part of Mr. Cramer's compensation from CNBC or TheStreet.com is related to the specific opinions expressed by him on "Mad Money."

None of the information contained in "Mad Money" constitutes a recommendation by Mr. Cramer, TheStreet.com or CNBC that any particular security, portfolio of securities, transaction, or investment strategy is suitable for any specific person. You must make your own independent decisions regarding any security, portfolio of securities, transaction, or investment strategy mentioned on the program. Mr. Cramer's past results are not necessarily indicative of future performance. Neither Mr. Cramer, nor TheStreet.com, nor CNBC guarantees any specific outcome or profit, and you should be aware of the real risk of loss in following any strategy or investments discussed on the program. The strategy or investments discussed may fluctuate in price or value and you may get back less than you invested. Before acting on any information contained in the program, you should consider whether it is suitable for your particular circumstances and strongly consider seeking advice from your own financial or investment adviser.

Some of the stocks mentioned by Mr. Cramer on "Mad Money" are held in Mr. Cramer's Action Alerts PLUS Portfolio. When that is the case, appropriate disclosure is made on the program and in the "Mad Money" recap available on TheStreet.com. The Action Alerts PLUS Portfolio contains all of Mr. Cramer's personal investments in publicly-traded equity securities only, and does not include any mutual fund holdings or other institutionally managed assets, private equity investments, or his holdings in TheStreet.com, Inc. Since March 2005, the Action Alerts PLUS Portfolio has been held by a Trust, the realized profits from which have been pledged to charity. Mr. Cramer retains full investment discretion with respect to all securities contained in the Trust. Mr. Cramer is subject to certain trading restrictions, and must hold all securities in the Action Alerts PLUS Portfolio for at least one month, and is not permitted to buy or sell any security he has spoken about on television or on his radio program for five days following the broadcast.