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Here's what Jim Cramer had to say about some of the stocks offered up by callers on the "Mad Money Lightning Round" Monday evening:

Occidental Petroleum ( OXY): "Fifteen points undervalued. ... They got the oil, they got the gas, and they got the chemicals. What's not to like? Let's do a 'mon back.*"

Payless Shoe ( PSS): "I think that stock goes to 14, and even there I'm not tempted."

3M ( MMM): "Lenny 'Nails' Dykstra likes it. I don't like it. I think it's the headless horseman."

Distributed Energy ( DESC): "I would wait for a pullback before I do a 'mon back!"

Northrop Grumman ( NOC): "I recommend a buy on it. One of the few bull markets we have out there is defense."

Kroger ( KR): "I am cognizant that these supermarkets are back on track. That said, I would rather you be in Safeway ( SWY)."

Medtronic ( MDT): "Paddles. Clear. Nothing!"

Intel ( NTC): "Intel's the house of pain. There's no denying it. I feel like I'm wearing a Nehru jacket at the prom."

Fifth Third Bank ( FITB): "I don't like FITB. There's miserable pin action when it comes to the banks."

Compuware ( CPWR): "I would gladly sell that stock for one ticket to the Super Bowl in Detroit. ... It's overvalued."

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