'Mad Money Lightning Round': Go for Spectra Energy

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NEW YORK ( TheStreet) -- Here's what Jim Cramer had to say about some of the stocks that callers offered up during the "Mad Money Lightning Round" Monday evening.

KLA-Tencor ( KLAC): "You're right to be worried. I'd wait until it hits $45 before pulling the trigger."

Abbott Laboratories ( ABT): "This stock is on a tear. It has $60 written all over it. I think you hold on."

Transocean ( RIG): "I want you to sell it. It's had a big run from the bottom and I don't care for it."

Microsoft ( MSFT): "I think the stock is cheap and I like Windows 8. I'd be a buyer."

Kinder Morgan Energy Partners ( KMP): "I took some profits for my trust. I moved into Energy Transfer Partners ( ETP)."

Sprint Nextel ( S): "There are some Sprint bonds that are doing well. I think they need to raise money and that will be good for their bonds."

Spectra Energy ( SE): "I love these companies that transport and store gas. They've got a lot of potential."

--Written by Scott Rutt in Washington, D.C.

To contact the writer of this article, click here: Scott Rutt.

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