'Mad Money' Lightning Round: Alcatel Is a Turnaround Stock

Tickers in this article: ALU CX EOX HIMX ITT KRFT NBL

Search Jim Cramer's "Mad Money" trading recommendations using our exclusive "Mad Money" Stock Screener.

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:

Himax Technologies : "I think you have a good one. I think it could move to $15."

Alcatel-Lucent : "This is a turnaround stock and I'm taking a long-term view."

Kraft Foods : "It has a 3.5% yield that can go up over time and that's all we need in this market."

ITT Industries : "There's a lot of value there. I like what I see."

Emerald Oil : "I can't move down the food chain when great stocks like Noble Energy are barely moving."

Cemex : "This one is going higher and higher and I think it can go even more, even from here."

To read a full recap of "Mad Money" on CNBC, click here.

To watch replays of Cramer's video segments, visit the Mad Money page on CNBC.

To sign up for Jim Cramer's free Booyah! newsletter with all of his latest articles and videos please click here.

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

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

Follow Scott on Twitter @ScottRutt or get updates on Facebook, ScottRuttDC