Buy

Morgan Stanley

(MS) - Get Report

, Jim Cramer said Wednesday on

CNBC

's "Stop Trading!" segment.

Cramer said there are "50 reasons" to back the big brokerage, which has turned its business around in the two years since John Mack rejoined as CEO. Cramer sees the stock continuing higher from its recent run to within a dollar of a 52-week high.

Cramer recommended buying

Haynes

(HAYN) - Get Report

and

Reliance

(RS) - Get Report

off comments by Lakshmi Mittal, CEO of

Mittal

(MT) - Get Report

, that he wants to buy more metals companies.

Cramer also said to buy homebuilder

Standard Pacific

(SPF)

off a positive call on possible consolidation in the industry.

At the time of publication, Cramer had no positions in stocks mentioned.

Jim Cramer is a director and co-founder of TheStreet.com. He contributes daily market commentary for TheStreet.com's sites and serves as an adviser to the company's CEO. Outside contributing columnists for TheStreet.com and RealMoney.com, including Cramer, may, from time to time, write about stocks in which they have a position. In such cases, appropriate disclosure is made. To see his personal portfolio and find out what trades Cramer will make before he makes them, sign up for

Action Alerts PLUS. Watch Cramer on "Mad Money" weeknights on CNBC. Click

here to order Cramer's latest book, "Mad Money: Watch TV, Get Rich," click

here to order his book, "Real Money: Sane Investing in an Insane World," click

here to get his second book, "You Got Screwed!" and click

here to order Cramer's autobiography, "Confessions of a Street Addict." While he cannot provide personalized investment advice or recommendations, he invites you to send comments on his column by

clicking here.

TheStreet.com has a revenue-sharing relationship with Traders' Library under which it receives a portion of the revenue from Traders' Library purchases by customers directed there from TheStreet.com.