'Mad Money' Lightning Round: Stay Away From J.C. Penney

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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:

Krispy Kreme Doughnuts : "That stock goes higher. They're a well-run company."

J.C. Penney : "I don't want to touch it after that equity offering."

Emerald Oil : "This one is OK but I'm more intrigued by Pioneer Natural Resources ."

Edwards Lifesciences : "They have great science but St Jude Medical is a better company."

Chesapeake Energy : "Just hold on and if it goes higher, sell it. We need to stick with best of breed."

Alcan : "Not bad. I like it."

NetSuite : "No, you want Salesforce.com ."

Rite Aid : "You can't lose with a drug store. This is not as bad as it used to be."

Barracuda Networks : "That's a tough segment, it's too competitive. Let's wait."

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

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