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Stocks discussed on the Lightning Round segment of Jim Cramer's Mad Money Program, Wednesday December 4.

Bullish Calls:

KeyCorp (KEY): "I like KeyCorp. My charitable trust owns it. Some guy downgraded it, and we were chuckling."

NXP Semiconductors (NXPI): "That thing is such a red hot semi. Let's be careful. Let's take a little off the table. That has been the hottest there is."

General Motors (GM): "I'd like to see you in GM (instead of Superior Motors)."

Magnum Hunter (MHR): "I like Magnum Hunter."

New York Community Bancorp (NYCB): "I'll go with that. I've been on the fence, but you are fine with this stock."

Sirius XM Radio (SIRI): "I'd rather be in Sirius (than Cumulus Media)."

Neutral Call:

Ford (F): "We are on the fence right now with Ford, because we think CEO Alan Mulally might leave, and we like Ford because of Mulally."

Bearish Calls:

Cumulus Media (CMLS): "That is making a comeback...but I'd rather be in Sirius."

WPX Energy (WPX): Cramer prefers Magnum Hunter.

Superior Industries (SUP): "That is automotive products. We have had mixed success. I'm not going to recommend it."

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Source: Cramer's Lightning Round - A Chuckle Over KeyCorp's Downgrade (12/4/13)