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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" Thursday evening:

Electronic Arts: "Electronic Arts is a sale here. I want to take a little off the table."

Alvarion: Cramer said you've got a Wi-Fi company based in Israel, and he warned you've got to be ready for some pain. He said to stick with it, but that he couldn't be bullish.

Varian Medical Systems: "This is a company you should buy. I'm not even going to mince words."

Southern Copper: "I happen to think you need to own copper. I think you should buy EuroZinc Mines, but I want tight stops."

Basic Energy Services: Cramer said they're starting to give away the oil drillers. He thought the caller should focus instead on Nabors, which he owns for his Action Alerts Plus charitable trust.

Under Armour: The business is smoking, he said. "If you own it, stay with it."

IRIS International: Cramer said they do in vitro diagnostics, which is a red-hot business. Here's the problem, he said, you're dealing with a speculative stock. He couldn't recommend it.

Proctor & Gamble: "I recommended it at 53. I think it's headed to 65."

Burlington Northern Santa Fe: Cramer said that Burlington was the fourth best railroad right now. "I'd swap out of yours and go into CSX."

Lightning Round

Cramer was bullish on Varian Medical Systems ( VAR), Baxter ( BAX), EuroZinc ( EZM), Nabors ( NBR), Under Armour ( UARM), Lowe's ( LOW), Petrohawk Energy ( HAWK), Procter & Gamble ( PG) and CSX ( CSX).

Cramer was bearish on Electronic Arts ( ERTS), GameStop ( GME), Alvarion ( ALVR), Southern Copper ( PCU), Basic Energy Services ( BAS), Home Depot ( HD), IRIS International ( IRIS), Helen of Troy ( HELE) and Burlington Northern Santa Fe ( BNI).

Here's your chance to pick the stock you'd like me to feature on my radio show July 20:
Forest Labs

REMEMBER to listen in on Thursday for my take on the stock that wins this poll!

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At time of publication, Cramer was long Nabors.

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."

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