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 on the "Mad Money Lightning Round" Tuesday evening:

Ship Finance ( SFL - Get Report): "No way. No how. I want out."

Sara Lee : "They wouldn't know good news if it hit them with a sausage. This is the Laurence Olivier of stocks. It's that bad of an actor. (Just kidding. He was great.)"

Dresser-Rand ( DRC): "I think Dresser-Rand is a good stock. They reported a good quarter and didn't get any response to that. I'm sticking with it."

Intel ( INTC - Get Report): "When you look at the lease on this House of Pain, you know whose name is on it? Mine." Cramer owns the stock for his ActionAlertsPLUS charitable trust.

Teva Pharmaceutical ( TEVA - Get Report): "I want to ring the register."

Lightning Round

Bullish

Cramer was bullish on Viacom ( VIA - Get Report), Bancolombia ( CIB - Get Report), Banco Bradesco ( BBD), JDSU ( JDSU), Genentech , CMS Energy ( CMS - Get Report), Procter & Gamble ( PG - Get Report), Microsoft ( MSFT - Get Report), Dresser-Rand Group ( DRC), Quest Diagnostics ( DGX - Get Report), Union Pacific ( UNP - Get Report), Peabody Coal ( BTU - Get Report), Southern Copper Intel ( INTC - Get Report), Wachovia ( WB - Get Report) and HDFC Bank ( HDB - Get Report).

Bearish

Cramer was bearish on Avon Products ( AVP - Get Report), General Motors ( GM - Get Report), Nvidia ( NVDA - Get Report), SuperGen , Ship Finance ( SFL - Get Report), Sara Lee , Serena Software ( SRNA), IRIS International , Goodyear Tire & Rubber ( GT - Get Report), SunTrust Banks ( STI - Get Report), Teva Pharmaceutical Industries ( TEVA - Get Report) and Chesapeake Energy ( CHK - Get Report).


Interested in more Cramer? Check out Jim's rules and commandments for investing from his latest book by clicking here. It's a series of articles from Cramer on how to become a better investor. The following table lists some of the rules that Cramer dissects.

1. Pigs Get Slaughtered 2. It's OK to Pay the Taxes
3. Don't Buy All at Once 4. Buy Damaged Stocks
5. Diversify to Control Risk 6. Do Your Homework
7. Don't Panic 8. Buy Best-of-Breed
9. Defend Some Stocks 10. Don't Bet on Bad Stocks
11. Own Fewer Names 12. Cash Is for Winners
13. No Regrets 14. Expect Corrections
15. Know Bonds 16. Don't Subsidize Losers
17. No Room for Hope 18. Be Flexible
19. Quit When Execs Do 20. Patience Is a Virtue
21. Be a TV Critic 22. When to Wait 30 Days
23. Beware the Hype 24. Explain Your Picks
25. Find the Bull Market
Check back for more of Cramer's Rules

At the time of publication, Cramer was long Intel, Procter & Gamble and Microsoft.

James J. Cramer is a director and co-founder of TheStreet.com. He contributes daily market commentary for TheStreet.com's sites and serves as an adviser to the company's CEO. Outside contributing columnists for TheStreet.com and RealMoney.com, including Cramer, may, from time to time, write about stocks in which they have a position. In such cases, appropriate disclosure is made. To see his personal portfolio and find out what trades Cramer will make before he makes them, sign up for ActionAlertsPLUS. While he cannot provide personalized investment advice or recommendations, he invites you to send comments on his column by clicking here. Listen to Cramer's RealMoney Radio show on your computer; just click here. Watch Cramer on "Mad Money" at 6 p.m. ET weeknights on CNBC. Click here to order Cramer's latest book, "Real Money: Sane Investing in an Insane World," click here to get his second book, "You Got Screwed!" and click here to order Cramer's autobiography, "Confessions of a Street Addict." Cramer appreciates your feedback and invites you to send him an email by clicking here.