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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" Tuesday evening: Capital Trust ( CT): "I'm not against these companies, but they do require a massive amount of homework in order to feel comfortable. I can't recommend them, but if you've done the homework, then OK." LDK Solar ( LDK): "It's done well without me. I like First Solar ( FSLR) and Applied Materials ( AMAT) and I'm sticking with those." Diana Shipping ( DSX): "I like the shipping industry, but I like Nordic American Tanker Shipping ( NAT) and Frontline ( FRO). I think both of those are winners. I don't want to go further down the food chain." Navios Maritime ( NM): "I'm not going to stick my neck out on this one. I want to see the numbers first." Procter & Gamble ( PG): "I've been puzzled with why this one is going down. Proctor has raw cost problems, but it has superior technology. I think Proctor is right to buy here." Capstone Turbine ( CPST): "No, too speculative for me. If I want turbines, I'm going with Caterpillar ( CAT). I can't get behind yours after a double."
Jim Cramer writes about all the stock trades in his charitable trust for TheStreet.com in Action Alerts Plus. Recent stocks he's traded in this account include Schering-Plough (SPG), Yamana Gold (AUY) and Abbott Laboratories (ABT). *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 by clicking here.