'Mad Money' Lightning Round: Ciena Is a Disappointment

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

Generac Holdings (GNRC): "Even though it's up nicely, I'm a buyer."

Allegheny Technologies (ATI): "I think the restructuring has worked for them. I'm pro-steel."

Franks International (FI): "I'm not backing away. Oil and gas in our country is for real and this one is going higher."

Pioneer Natural Resources (PXD): "They are sitting on one of the largest oil fields in the world. You don't sell this one when it's on the way down. "

Gogo (GOGO): "Maybe there's too much competition in this group. I'm not betting my portfolio on this one."

CIENA (CIEN): "This is a cautionary tale. It is too low to sell, though, even though it's been a disappointment."

The Blackstone Group (BX): "I'm not backing away from this one. I've liked it for a double."

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

To email Scott about this article, click here: Scott Rutt

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At the time of publication, Cramer's Action Alerts PLUS had no position in stocks mentioned.

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