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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" Friday evening:

Coach ( COH): "Not done going up. ... I'm doing a 'mon back.* I like Coach."

RedHat ( RHAT): "Red Hat be smoking I admit. I was in a House of Pain because they lost their CEO. ... They're kicking Microsoft's ( MSFT) butt. I say buy it."

TiVo ( TIVO): "Dealt a really tough hand. Bottom line is SellSellSell. ... The business is gonna flat-line now that Murdoch has moved away."

DTE Energy ( DTE): "It's a tad boring for me. ... We're about making money, and that's something DTE knows how to do."

Kopin ( KOPN): "Starting to win a lot of defense business. But still a little bit pricey for me."

Charles & Covard ( CTHR): I want you to buy it."

Cerner ( CERN): "That stock is kicking butt and taking names. ... Cerner is best of breed. I can't back away from it."

Halliburton ( HAL): "Hal goes to 70. ... Schlumberger ( SLB) going to 130. Let's call that a twofer."

Activision ( ATVI): "I don't want Activision. I say Don'tBuy."

Bentley Pharmaceuticals ( BNT): "I do want you to sell. This is a very expensive half-generic, half-proprietary drug company."

Carolina Group ( CG): "You need to swap out of Carolina right now and get into Altria ( MO) ahead of the breakup."

Cabela's ( CAB): "I got in that same trap. I thought I was in the House of Pleasure. It was a House of Pain. I don't see Cabela's coming back," with high gasoline prices.

SmithField Foods ( SFD): "I like SmithField. I like PORK ( Premium Standard Farms ( PORK)). ... I don't like the chickens. I guess I'm another-white-meat kind of guy."

Trump Entertainment ( TRMP): "If I thought Donald Trump was a loser and his stock was going down, you think I wouldn't say it? That stock is going higher. I want to buy Trump right here."

NitroMed ( NTMD): "The scripts have not been up to snuff. ... NitroMed is not delivering."

LECG ( XPRT): "Does litigation support. We are unfortunately a litigious society. ... I like it."

Dynegy ( DYN) is a winner with natural gas coming down. I think Dynegy at five bucks is really terrific."

NutriSystem ( NTRI): "I like NutriSystem."

Coldwater Creek ( CWTR): I wish I could have it at 31. At 33, I'm still buying."

Suncor Energy ( SU): "They rock. ... I need you to do a 'mon back."

Lightning Round

Cramer was bullish on: Coach ( COH), Red Hat ( RHAT), Salesforce.com ( CRM), DTE Energy ( DTE), PPL ( PPL), Charles & Colvard ( CTHR), Cerner ( CERN), Halliburton ( HAL), Schlumberger ( SLB), Teva Pharmaceuticals ( TEVA), Altria ( MO), Smithfield Foods ( SFD) Premium Standard Farms ( PORK), Trump Entertainment ( TRMP), Hawaiian Electric ( HE), LECG ( XPRT), Dynegy ( DYN), NutriSystem ( NTRI), Coldwater Creek ( CWTR) and Suncor Energy ( SU).

Cramer was bearish on: Tivo ( TIVO), Herbalife ( HLF), Kopin ( KOPN), Activision ( ATVI), Bentley Pharmaceuticals ( BNT), Carolina Group ( CG), Cabela's ( CAB), Tyson Foods ( TSN) and NitroMed ( NTMD).

*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 from his latest book by clicking here.
At the time of publication, Cramer was long Altria and Halliburton.

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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