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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:

Boeing ( BA) : "It's two thumbs up, way up." Cramer said that Allegheny Technologies ( ATI), Precision Castparts ( PCP) and United Technologies ( UTX) all have shown that aerospace is strong.

Valero Energy ( VLO): "I don't think Valero is going to do much. It's up 3 bucks, down 3 bucks." Cramer offered Transocean ( RIG) and Halliburton ( HAL) instead, both of which he owns for his Action Alerts PLUS charitable trust.

NYSE Group ( NYX): "Bear case says there's gonna be a massive lockup-expiration of 20 million shares. ... My canvass of the stock which Cramer owns for Action Alerts PLUS tells me that none of the big holders are gonna sell." Cramer reiterated his $200 price target. "Those who doubt me, take a look at Goldman 'Slacks' ( GS)."

SunOpta ( STKL): "Swapping out of SunOpta and going into Hain ( HAIN)."

Georgia Gulf ( GGC): "They don't realize that this is really a PVC play, which goes into housing. ... Swap out of yours and go into U.S. Gyp ( USG)."

Level 3 Communications ( LVLT): "This stock has had a miraculous run ... this is one of my growth stocks that are speculative for the year. I reiterate my buy. ... If it ever goes below 6, you back up the truck*."

Pfizer ( PFE): "Dead money." Cramer said he "would vastly prefer" Schering ( SGP) or J&J ( JNJ) ... Amgen ( AMGN) or Genentech ( DNA). "Keep selling the Pfizer. It's like owning a bond, only a little less exciting."

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