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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 Wednesday evening:

SandRidge Energy (SD - Get Report) : "If oil keeps going down, this will not be a good stock. This is one you need to worry about."

Kite Pharma (KITE) : "I would rather own Celgene (CELG - Get Report) ."

Emerge Energy Services (EMES) : "No. I'm not going back to that one. Let's not be greedy."

Arbor Realty Trust (ABR - Get Report) : "I think it's OK but I really don't know what they own."

Babcock & Wilcox (BWC) : "I'm going to send you to General Electric (GE - Get Report) . You'll get a better yield and better long-term performance."

Chesapeake Energy (CHK - Get Report) : "The balance sheet is good but oil and gas prices are coming down. EOG Resources (EOG - Get Report) and Apache (APA - Get Report) are better."

Ellington Financial (EFC - Get Report) : "That's a red flag with that high yield."

Silver Wheaton (SLW) : "No. I don't like silver here."

Amgen (AMGN - Get Report) : "Activists want to break up Amgen. No thanks."

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

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

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