Cramer's 'Mad Money Lightning Round': Hudson City Is Hot

08/21/07 - 07:21 PM EDT

TheStreet.com Staff

To see the full "Mad Money" Recap, please click here.


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

Aecom Technology (ACM Quote - Cramer on ACM - Stock Picks): "After the run that we had today in infrastructure ... this may be the cheapest of the infrastructure plays. I think the infrastructure bull market came roaring back today, and Aecom is part of that. And let me also tell you that I think Jacobs Engineering Group (JEC Quote - Cramer on JEC - Stock Picks) ... should have been bought today."

Dean Foods (DF Quote - Cramer on DF - Stock Picks): "If you want to see what can go wrong in corporate America, you go listen to or call up the Dean Foods conference call. Everything that could go wrong for this company went wrong. ... This has become a very problematic story, and I've gotta tell you something: I don't think it's over, and the company doesn't think the pain's over, too. If they're not bullish, I'm not bullish."

Popular (BPOP Quote - Cramer on BPOP - Stock Picks): "Banco Popular's got a good yield. ... How about this? I can get the same yield from Wachovia (WB Quote - Cramer on WB - Stock Picks). ... They just raised the dividend. ... I'd rather see you in Wachovia."

Parker Drilling (PKD Quote - Cramer on PKD - Stock Picks): "I've gotta tell you, I am concerned ... because I genuinely think this group is terrific. I have been keying on Schlumberger (SLB Quote - Cramer on SLB - Stock Picks). Schlumberger to me is the cheapest. ... Let's stick with Schlumberger and Transocean (RIG Quote - Cramer on RIG - Stock Picks). They are the best." Cramer owns Transocean for Action Alerts PLUS, his charitable trust.

Foster Wheeler (FWLT Quote - Cramer on FWLT - Stock Picks): "I don't want you to buy Foster Wheeler. On a day like today, up $7, we're going to sell it. ... On the conference call, they made it very clear that contracts were lumpy. ... That just freaked out everybody, so every time the stock runs a little, I think it's going to run into selling pressure. ... We will not get a reignition of Foster Wheeler until we get another quarter in the bank."

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