Cramer's 'Mad Money Lightning Round': Smith & Wesson Misfires

Cramer says that he's over the firearms maker.
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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:

Cramer gave Mexican cement play

Cemex

(CX) - Get Report

two thumbs up. "It's one of the best stocks out there," he said. The turmoil in Thai markets highlights the dangers of foreign investing, Cramer said. But Cemex's exposure to American markets puts it on solid ground.

He's no longer a big fan of

Smith & Wesson

(SWHC)

. "I don't like the stock," he said. "We rang the register, and we never looked back."

Cramer doesn't like

JDSU

(JDSU)

, which he lumped in with

Ciena

(CIEN) - Get Report

. "They're too hard." He pointed investors to

Cisco

(CSCO) - Get Report

instead.

Cramer likes

Allegheny Tech

(ATI) - Get Report

as a play on the good times at

Boeing

(BA) - Get Report

. "It makes titanium for Boeing," he said. "It is still too cheap."

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For a caller who asked about

Occidental Petroleum

(OXY) - Get Report

, he noted that it's heavily tied to crude prices, while a stock like

Exxon Mobil

(XOM) - Get Report

is less levered to them. "So I settle on

Chevron

(CVX) - Get Report

," Cramer said.

"It's a favorite for those who want steady income. It always seems to have a bid underneath it." He also cited

Devon Energy

(DVN) - Get Report

as a solid play.

Want more Cramer? Check out Jim's rules and commandments for investing from his latest book by

clicking here

.

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