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

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

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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:

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."

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

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