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 during the "Mad Money Lightning Round" Wednesday evening:

Helmerich & Payne: "All the contract drillers are under pressure. Take a look at Grey Wolf." But Cramer says that when the company reports, "it is going to be magnificent. Stay with it."

Openwave Systems: "When you flip open your cell phone and press the wrong number, you get Openwave. ... I'm doubling down."

Eagle Materials: "I think we overstayed our welcome. I don't want to be in there anymore. I give you Cemex."

Agilent: "Did such a great job on the quarter last time. I think it can happen again."

US Bancorp: "One expensive stock. ... If you want yield," then Cramer recommends Bank of America and Citigroup.

Talisman: "One of the great drilling companies around the world. It's a bargain until it gets to 18. I would actually do a 'mon back* here."

Rite Aid: "At 4.50, I think the stock can go to 6. It didn't give up a single point during the selloff." Cramer said to stick with it.

Ford Motor: "That stock has not bottomed yet. I want you to stay away."

Chesapeake Energy: "Buy Chesapeake at 29 bucks. I think the stock's going to 34."

Taiwan Semiconductor: "I don't like semiconductors for yield. I like semiconductors for growth. ... I'm sending you to Qualcomm ... six straight times it has upped the estimates." Cramer owns Qualcomm for his Action Alerts PLUS charitable trust.

Silicon Image: "You know how we play big-screen TVs ... first we play it with Microchip. Secondly, we play it with Circuit City ... and finally ... with Texas Instruments."

Morgans Hotel: "If you want a hotel stock," Cramer says go with Hilton, Marriott or Four Seasons.

Toll Brothers: "If you insist on being in the group, I'm sending you to ... KB Home." But Cramer said be cautious in the homebuilding sector now.

Frontline: "I think when this stock goes to 40, we're gonna ring the register."

Alliance Resource: "Ixnay on the coal entirely."

American Railcar: "Why do you come back with second-best of breed when I can give you Trinity?"

Lightning Round

Cramer was bullish on Helmerich & Payne ( HP), Openwave Systems ( OPWV), Agilent Technologies ( A), Bank of America ( BAC), Talisman Energy ( TLM), Rite Aid ( RAD), Chesapeake Energy ( CHK), Qualcomm ( QCOM), Microchip Technology ( MCHP), Circuit City ( CC), Texas Instruments ( TXN), Hilton ( HLT), Frontline ( FRO), KB Home ( KBH) and Trinity ( TRN).

Cramer was bearish on Eagle Materials ( EXP), U.S. Bancorp ( USB), Ford Motor ( F), Taiwan Semiconductor Manufacturing ( TSM), Silicon Image ( SIMG), Morgans Hotel ( MHGC), Alliance Resource Partners ( ARLP), American Railcar ( ARII) and Toll Brothers ( TOL).

*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 Qualcomm.

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.

If you liked this article you might like

Qualcomm Nets Wireless Licenses in India

Qualcomm Nets Wireless Licenses in India

SEC Probes Other Deals: Report

SEC Probes Other Deals: Report

Cramer's 'Mad Money' Follow-Up: April 15

Cramer's 'Mad Money' Follow-Up: April 15

Cramer's 'Mad Money' Follow-Up: April 14

Cramer's 'Mad Money' Follow-Up: April 14

Cramer's 'Mad Money' Follow-Up: March 25

Cramer's 'Mad Money' Follow-Up: March 25