Cramer's 'Mad Money Lightning Round': Penney's Got It on the Dollar

Cramer prefers J.C. Penney to Dollar General and Family Dollar, or Wal-Mart for that matter.
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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" Tuesday evening:

Arch Chemicals

(ARJ)

: "Between

PPG

(PPG) - Get Report

and

Georgia Gulf

(GGC)

, let alone the downgrade in

Dow Chemical

(DOW) - Get Report

today, I am in total don't touch mode."

Haverty Furniture

(HVT) - Get Report

: "The furniture game's a bad game, my friend. ... You go to

Best Buy

(BBY) - Get Report

."

Nordic American Tanker

(NAT) - Get Report

: "They are about how many boats are coming online. There are many, many ships being built, which is why I continue to say SellSellSell."

Sirius Satellite Radio

(SIRI) - Get Report

: "I can't believe this stock is back under 4 bucks. ... Sirius is the buy in the group. ... I'm not backing away just because the stock is bad, that's what sissies do."

Vasco Data Security

(VDSI)

: Cramer prefers

Flir Systems

(FLIR) - Get Report

,

Nice Systems

(NICE) - Get Report

and

L-1 Identity Solutions

(ID)

to Vasco.

Nasdaq Stock Market

I:IXIC

: "I have nothing against NDAQ; it's just that that's the wrong horse." Cramer prefers the

NYSE Group

(NYX)

. "John Thain

NYSE CEO -- an unlikely figure to say this about -- rocks."

American Capital Strategies

(ACAS)

: "This is a good company with a 7% yield. I like the ACAS strategy. ... come on my show, we'll rebut the shorts together," Cramer offered to the CEO.

Tyco

(TYC)

: "Maybe it goes to 32, 33. ... There are so many explosive stocks out there" ... like

MasterCard

(MA) - Get Report

, NYSE and

Google

(GOOG) - Get Report

. "Why do I need to get caught up in Tyco, Rudy McFaddy?"

Intermec

(IN)

: "They do this kind of barcode stuff. I am not a fan of that business. You need to go to

IBM

(IBM) - Get Report

."

Image placeholder title

Dollar General

(DG) - Get Report

: "Both Dollar General and

Family Dollar

(FDO)

, no, and no to

Wal-Mart

(WMT) - Get Report

, too. ... We are going to

J.C. Penney

(JCP) - Get Report

, that is the one. "

Cramer also was bullish on

Coldwater Creek

(CWTR)

and

Goldman Sachs

(GS) - Get Report

.

Cramer also was bearish on

XM Satellite Radio

(XMSR)

and

Intermec

(IN)

.

*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 Goldman Sachs.

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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