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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:

Hudson City Bancorp ( HCBK): "We are at the point in the economic cycle where the financials rock. ... I do prefer Commerce Bank ( CBH - Get Report). "

Bebe stores ( BEBE): "I think that bebe stores at 15 is overvalued. If you want to buy the hot teen concept, I am going to send you to Abercrombie & Fitch ( ANF - Get Report).

Ameritrade ( AMTD - Get Report): "You can stick with it. I bless it."

Allscripts ( ILSE): "This stock is causing a lot of headaches. A lot of people are losing faith. I think that faith loss is misplaced. ... I think it goes higher."

IntraLase ( ILSE): "I need you to hold on to it. If it comes down, you do a 'mon back*, and don't let the shorts freak you out."

Salesforce.com ( CRM - Get Report): "This stock goes up every day. ... I've been waiting for a pullback. ... The shorts are in the House of Pain. ... It goes higher."

Johnson Controls ( JCI - Get Report): "Fifty-two-week high again. ... We have now liked this stock for 15 straight points. Johnson Controls is in bull mode."

Sears Holdings ( SHLD): "The bears were caught flatfooted. I don't know what they're gonna gin up now. The bears are still not flushed out of the woods. I think they'll get smashed in Sears."

Krispy Kreme ( KKD): "Somewhere in America I know there lurks a vast storehouse, a vast warehouse of Krispy Kreme doughnuts that are going uneaten. .. We should never be trading stocks that don't have financials."

Sonus Networks ( NYB): "That is the La Brea Tar Pit of stocks and I'm not getting my feet stuck in that."

New York Community Bancorp ( NYB): "We have gotta deal with two more Fed tightenings. ... Let's not forget that yield curve story. ... Keep the stock."

Activision ( ERTS): "I like Electronic Arts ( ERTS) more."

Knot ( KNOT): "I think it's OK at 12 ... I just don't like these niche sites. ... I think you stick with Google ( GOOG - Get Report). "

Barnes Group ( B): "I'd endorse Barnes Group for an investment but that's like watching paint dry."

Urban Outfitters ( URBN): "Urban will have a good quarter but you may have to mark time."

Lightning Round

Bullish

Cramer was bullish on Hudson City Bancorp ( HCBK), Commerce Bancorp ( CBH - Get Report), Abercrombie & Fitch ( ANF - Get Report), Ameritrade ( AMTD - Get Report), Allscripts Healthcare Solutions ( ILSE), IntraLase ( ILSE), Syneron Medical ( ELOS), salesforce.com ( CRM - Get Report), Johnson Controls ( JCI - Get Report), Sears Holdings ( SHLD), SiRF Technology Holdings ( SIRF), Brown & Brown ( BRO), New York Community Bancorp ( NYB), Marsh & McLennan ( MMC), Activision ( ERTS), Electronic Arts ( ERTS), GameStop ( GME - Get Report), Google ( GOOG - Get Report), Barnes Group ( B) and Urban Outfitters ( URBN).

Bearish

Cramer was bearish on bebe stores ( BEBE), Georgia Gulf ( GGC), Krispy Kreme Doughnuts ( KKD), Sonus Networks ( NYB), i2 Technologies ( ITWO), Hewitt Associates ( HEW) and Knot ( KNOT).

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

At the time of publication, Cramer was long Ameritrade, Commerce Bancorp, Gamestop and Sears Holdings.

Jim Cramer, host of the CNBC television program "Mad Money," is a Markets Commentator for TheStreet.com, Inc., and CNBC, and a director and co-founder of TheStreet.com. All opinions expressed by Mr. Cramer on "Mad Money" are his own and do not reflect the opinions of TheStreet.com or its affiliates, or CNBC, NBC UNIVERSAL or their parent company or affiliates. Mr. Cramer's opinions are based upon information he considers to be reliable, but neither TheStreet.com, nor CNBC, nor either of their affiliates and/or subsidiaries warrant its completeness or accuracy, and it should not be relied upon as such. Mr. Cramer's statements are based on his opinions at the time statements are made, and are subject to change without notice. No part of Mr. Cramer's compensation from CNBC or TheStreet.com is related to the specific opinions expressed by him on "Mad Money."

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