'Mad Money Lightning Round': Go With Best Buy

Cramer said retail is where the action is and Best Buy is an inexpensive stock.
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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" Thursday evening.

Rackspace Hosting

(RAX)

: "This is a very expensive stock. I recommend

Akamai Technologies

(AKAM) - Get Report

, which is not the same, but is at least proprietary."

Quantum

(QTM) - Get Report

: "No. I think the stock has had a good run, but we have to stick with quality high growth."

Best Buy

(BBY) - Get Report

: "I like Best Buy. It's still an inexpensive stock. I'll bless it. Retail is where the action is right now."

Halliburton

(HAL) - Get Report

: "I like the whole group. I think

Schlumberger

(SLB) - Get Report

is going to $100 and

Weatherford International

(WFT) - Get Report

is going up, too."

--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

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*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

.