Jim Cramer's Lightning Round

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Cramer's 'Mad Money Lightning Round': Investors Bancorp Inviting

TheStreet.com Staff

Here's what Jim Cramer had to say about some of the stocks that callers offered up during the "Mad Money Lightning Round" Thursday evening:

ABB(ABB Quote): "People felt that the quarter was not that great ... Use the weakness ... to buy that stock hand over fist. I love the construction game, and remember, they know how to do nuclear."

Riverbed Technology(RVBD Quote): "Riverbed fell out of bed today. ... We had a new deal today that came public that competes with Riverbed. ... I don't really like technology now ... but with Riverbed down here, I think you ought to pull the trigger."

Gateway(GTW Quote): Cramer said that Dell(DELL Quote), now that Michael Dell is back running things, is going to get better while Gateway attempts to rebound. That said, Cramer's favorite is Hewlett-Packard, which he owns for his Action Alerts PLUS charitable trust.

Titanium(TIE Quote): "Now this one is not my favorite. ... People should be buying Allegheny Tech(ATI Quote) ... they make the titanium that goes into airplanes."

Sanofi Aventis(SNY Quote): "Not one of my favorites." Cramer likes the yield of 2.7%, but, he said, "it's Big Pharma." Cramer prefers his biotech trio of Celgene(CELG Quote), Gilead(GILD Quote) and Genzyme(GENZ Quote).

Investors Bancorp(ISBC Quote): "This is a really fabulous company. ... My bank account should be there. Sells at less than two times book value. ... I say without a doubt that is a great stock, especially when the Fed starts cutting."

Dean Foods(DF Quote): "I applaud Dean Foods' management. ... Dean Foods rocks. ... They have done everything they can to help shareholders."

Quality Systems(QSII Quote): "There's so many others that I like more in health care," including United Health(UNH Quote), which Cramer owns for Action Alerts PLUS, and Cigna(CI Quote).

Medimmune(MEDI Quote): "Disastrous quarter ... I say ixnay on the Medimmunenay."

Level 3 Communications(LVLT Quote): "Cleaning up the balance sheet." Cramer said it reminds him of another of his favorites, Qwest(Q Quote).

*For all you home-gamers, a 'mon-back opportunity means Cramer would back up the figurative truck and load up on a stock.

Want more Cramer? Check out Jim's rules and commandments for investing from his latest book by clicking here.