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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:

Loews ( L): "I like the mix of business, and I think you want to buy that one. It's come down too much already."

Sprint Nextel ( S): "I like Verizon ( VZ) and AT&T ( T), and I think Sprint is a speculative buy, not as an investment."

Palm ( PALM): "I do not have a good feel on Palm. I thought it was going to stop at $7-$8 a share, so I'm going to take a pass."

Wisconsin Energy ( WEC): "I like this stock, but I'm a dividend hound so I'm going to send you to Dominion Resources ( D) or Consolidated Edison ( ED)."

Hologic ( HOLX): "I got burned in this one. I didn't like that acquisition they did. They have to show me they have the goods."

Principal Financial Group ( PFG): "I don't have any conviction with this one. I'll recommend Travelers Companies ( TRV)."

Nokia ( NOK): "I'd rather you own Qualcomm ( QCOM). They're the guts of most cell phones and that's the way to play cell phones. "

Check out the latest edition of "Cramer's Take onTop-Searched Stocks" on Stockpickr.

*For all you home-gamers, a 'mon-back opportunity means Cramer would back up the figurative truck and load up on a stock.

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Jim Cramer is co-founder and chairman of TheStreet.com. He contributes daily market commentary for TheStreet.com's sites and serves as an adviser to the company's CEO. Outside contributing columnists for TheStreet.com and RealMoney.com, including Cramer, may, from time to time, write about stocks in which they have a position. In such cases, appropriate disclosure is made. To see his personal portfolio and find out what trades Cramer will make before he makes them, sign up for Action Alerts PLUS. Watch Cramer on "Mad Money" weeknights on CNBC. To order Cramer's newest book -- "Jim Cramer's Stay Mad for Life: Get Rich, Stay Rich (Make Your Kids Even Richer)," click here. Click here to order "Mad Money: Watch TV, Get Rich," click here to order "Real Money: Sane Investing in an Insane World," click here to get "You Got Screwed!" and click here for Cramer's autobiography, "Confessions of a Street Addict." While he cannot provide personalized investment advice or recommendations, he appreciates your feedback and invites you to send comments by clicking here.

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