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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" Wednesday evening:

Dell: "I thought you oughta ring the register on the luckier-than-expected gain you got today" in light of Microsoft's delay of its Vista operating system, which could pinch PCs.

Under Armour: "While I like Under Armour very much, the management ... gave the worst conference call I have heard in this millennium. But I'm not gonna back away. I'm giving it one thumb up."

Sirius: "I frankly even under 5 have to hit Don'tBuyDon'tBuyDon'tBuy. ... You cannot be serious."

Anglo American: "I would wait until it gets to 15 to do a 'mon back*, and if it goes to 19, I'm doing a triple sell."

Stereotaxis: "That company is a serial loser of money. I don't think you need to be in that one when you can be in Genentech."

Smucker: "I would rather own Sara Lee with a 4% yield and no pin action. Cramer also likes Kellogg and Kraft over Smucker.

CVS: "Do a 'mon back if this stock even drops a dollar. It's my favorite drugstore."

Silver Wheaton: "We do a 'mon back on BHP (which Cramer owns for his ActionAlerts PLUS charitable trust) ) ... a better mineral company. ... I like that better."

Medarex: "That is not a great company and it is also very expensive."

Fred's: A mediocre retailer. ... Let's stick with Home Depot and Lowe's."

Laserscope: "I have backed away from this group."

Vitesse Semiconductor: "I like Vitesse and I'm sticking with it two thumbs up. This is part of the Cramer basket of semiconductors that I like so much."

Ciena: "It's taking a little nap because it's so exhausted from 2 to 5. 'Mon back at 4.50. Ciena is for me."

Sony: "Had they gotten out the PlayStation, you would have had me going triple bull, but instead, Don'tBuy."

Tata Motors: "I recommended it at 18 and I think it's going to 20."

Lightning Round

Cramer was bullish on Under Armour ( UARM), Anglo American ( AAUK), International Game Technology ( IGT), Genentech ( DNA), Amgen ( AMGN), Sara Lee ( SLE), Kellogg ( K), Kraft ( KFT), CVS ( CVS), BHP Billiton ( BHP), Home Depot ( HD), Lowe's ( LOW), ConocoPhillips ( COP), Chevron ( CVX), Occidental Petroleum ( OXY), Vitesse Semiconductor ( VTSS), Ciena ( CIEN) and Tata Motors ( TTM).

Cramer was bearish on Microsoft ( MSFT), Dell ( DELL), Sirius Satellite Radio ( SIRI), Multimedia Games ( MGAM), Stereotaxis ( STXS), J.M. Smucker ( SJM), Silver Wheaton ( SLW), Medarex ( MEDX), Fred's ( FRED), Laserscope ( LSCP), Petrohawk Energy ( HAWK) and Sony ( SNE).

*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 BHP Billiton and Microsoft.

Jim Cramer, host of the CNBC television program "Mad Money," is a Markets Commentator for, Inc., and CNBC, and a director and co-founder of All opinions expressed by Mr. Cramer on "Mad Money" are his own and do not reflect the opinions of 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, 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 is related to the specific opinions expressed by him on "Mad Money."

None of the information contained in "Mad Money" constitutes a recommendation by Mr. Cramer, or CNBC that any particular security, portfolio of securities, transaction, or investment strategy is suitable for any specific person. You must make your own independent decisions regarding any security, portfolio of securities, transaction, or investment strategy mentioned on the program. Mr. Cramer's past results are not necessarily indicative of future performance. Neither Mr. Cramer, nor, nor CNBC guarantees any specific outcome or profit, and you should be aware of the real risk of loss in following any strategy or investments discussed on the program. The strategy or investments discussed may fluctuate in price or value and you may get back less than you invested. Before acting on any information contained in the program, you should consider whether it is suitable for your particular circumstances and strongly consider seeking advice from your own financial or investment adviser.

Some of the stocks mentioned by Mr. Cramer on "Mad Money" are held in Mr. Cramer's Action Alerts PLUS Portfolio. When that is the case, appropriate disclosure is made on the program and in the "Mad Money" recap available on The Action Alerts PLUS Portfolio contains all of Mr. Cramer's personal investments in publicly-traded equity securities only, and does not include any mutual fund holdings or other institutionally managed assets, private equity investments, or his holdings in, Inc. Since March 2005, the Action Alerts PLUS Portfolio has been held by a Trust, the realized profits from which have been pledged to charity. Mr. Cramer retains full investment discretion with respect to all securities contained in the Trust. Mr. Cramer is subject to certain trading restrictions, and must hold all securities in the Action Alerts PLUS Portfolio for at least one month, and is not permitted to buy or sell any security he has spoken about on television or on his radio program for five days following the broadcast.

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