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Here's what Jim Cramer had to say about some of the stocks that callers offered during the "Mad Money Lightning Round" Wednesday evening:

Target ( TGT - Get Report): "I'm staying with Target and I'm a 'mon back* under 55."

Barnes & Noble ( BKS): "Better of two between Borders ( BGP) and Barnes & Noble. ... Swap out of Amazon ( AMZN - Get Report) in to Barnes and Noble."

Computer Sciences ( CSC): "I wanna buy CSC."

Sun Hydraulics ( SNHY): "Not-so-hot quarter. Fluid power should be en fuego."

Intuitive Surgical ( ISRG - Get Report): "You should ring the register. Didn't you ever take that astronomy course that tells you how high you are?"

BioCryst Pharma ( BCRX - Get Report): "I think the trade's been done. I am simply, Don'tBuyDont'Buy."

Costco ( ARXT): "In fact, right here, right now, I'm doing a 'mon back."

Adams Respiratory ( ARXT): "You are now up 10 from where I suggested that." Cramer said to ring the register but "nice going, boys."

Jakks Pacific ( JAKK - Get Report): "Ring the register. You got a nice gain there."

eBay ( EBAY - Get Report): "They paid $2 billion for Skype. ... It will mark a high-water mark for eBay like AOL did for Time Warner ( TWX), Cramer suggested and I say SellSellSell."

Exelon ( COMS): "I am declaring Exelon eminently buyable."

3Com ( COMS): "You are lucky. ... People who owned it were in a house of pain. ... It's come up a little bit, you could own a quality stock like a Broadcom or a Qualcomm."

Excel Maritime ( ABGX): "These tanker stocks are not for me. ... I can't be in these stocks with oil going to 50."

Merck ( DNA): "I am giving you a pass to sell Merck." Cramer suggested "scaling into some Genentech ( DNA) or Celgene ( GENZ), among others."

Abgenix ( ABGX): "You sell that Abgenix and you buy some Genzyme ( GENZ)."

Fidelity National ( FNF - Get Report): "The pin action off Toll Brothers ( KYPH) definitely extends to this business."

Kyphon ( KYPH): "I like that stock last week. I like it now."

Visteon ( VC - Get Report): "I don't have enough sell buttons to tell you what I think of Visteon."

Taser ( BSC): "That has a permanent lease in the House of Pain. ... Get out of that one right now."

Bear Stearns ( BSC): "Am I sure I like that company? No, I'm not. I love that company."

Lightning Round

Bullish

Cramer was bullish on Target ( TGT - Get Report), Barnes & Noble ( BKS), Computer Sciences ( CSC), Costco Wholesale ( ARXT), Exelon ( COMS), Qualcomm ( QCOM - Get Report), Genentech ( DNA), Genzyme ( GENZ), Amgen ( AMGN - Get Report), Gilead Sciences ( GILD - Get Report), Celgene ( CELG - Get Report), Micron Technology ( MU - Get Report), Kyphon ( KYPH), Bill Barrett ( BBG), Bear Stearns ( BSC), Goldman Sachs ( GS - Get Report) and Morgan Stanley ( MWD).

Bearish

Cramer was bearish on Amazon.com ( AMZN - Get Report), Sun Hydraulics ( SNHY), Intuitive Surgical ( ISRG - Get Report), BioCryst Pharmaceuticals ( BCRX - Get Report), Adams Respiratory Therapeutics ( ARXT), Jakks Pacific ( JAKK - Get Report), eBay ( EBAY - Get Report), 3Com ( COMS), Excel Maritime Carriers ( ABGX), Merck ( DNA), Abgenix ( ABGX), Texas Industries ( TXI), Fidelity National Financial ( FNF - Get Report), Visteon ( VC - Get Report), Arris ( ARRS), SeaChange International ( SEAC - Get Report), Taser ( BSC), Flextronics ( FLEX - Get Report), Celestica ( CLS - Get Report) and Solectron ( SLR).

*For all you home-gamers, a 'mon-back opportunity means Cramer would back up the figurative truck and load up on a stock.


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 Qualcomm.

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.