Cramer's 'Mad Money Lightning Round': No Red Light for Rediff

Cramer liked the quarter of the Indian Internet concern.
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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:

Alltel

: "That is the only one of the telephone companies that I can recommend on this show."

TradeStation

: "Down 60 cents. I think it's a buying opportunity. ...

Ameritrade

(which Cramer owns for his

ActionAlertsPLUS charitable trust) at 19 is also a buy. It's a two-fer."

Rediff

: "I didn't see anything I didn't like about that earnings report. ... I believe Rediff goes still higher."

Broadwing

: "One of the turnaround optical players. ... I like the quarter. I can't fight you on Broadwing although I don't like it as much as the others."

Google

: "I still think that Google can earn $9 to $9.50, maybe even $10."

Lightning Round

Bullish

Cramer was bullish on:

Headwaters

(HW)

,

Energy Conversion Devices

(ENER)

,

Alltel

(AT) - Get Report

,

ConocoPhillips

(COP) - Get Report

,

TradeStation

(TRAD)

,

Ameritrade

(AMTD) - Get Report

,

Sirenza Microdevices

(SMDI)

,

Goldcorp

(GG)

,

Birch Mountain Resources

(BMD)

,

BHP Billiton

(BHP) - Get Report

,

Northern Orion Resources

(NTO)

,

ZymoGenetics

(ZGEN)

,

Dr. Reddy's Laboratories

(RDY) - Get Report

,

Rediff

(REDF)

,

Broadwing

(BWNG)

,

Valero Energy

(VLO) - Get Report

,

American Tower

(AMT) - Get Report

,

Kyphon

(KYPH)

,

Archer Daniels Midland

(ADM) - Get Report

and

Google

(GOOG) - Get Report

.

Image placeholder title

Bearish

Cramer was bearish on:

Exxon Mobil

(XOM) - Get Report

,

American Superconductor

(AMSC) - Get Report

,

China TEchnology Development

(CTDC)

,

IntraLase

(ILSE)

and

Sify

(SIFY) - Get Report

.

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 Ameritrade and BHP Billiton.

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."

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