Qwest's

(Q)

"unbelievable quarter" makes it the best trade in the market, Jim Cramer said on

CNBC's

"Stop Trading!" segment Tuesday.

Qwest was recently up 48 cents to $8.28.

"Look how well it acts in a bad tape," Cramer said. "It'd probably be up a buck in a good tape." Cramer said Qwest CEO Dick Notebaert deserves the "congressional medal of turnaround" -- the company has great high-speed access, its acquisitions are already paying off, and it has completed a balance sheet cleanup.

Qwest is the "flipside of

Verizon

(VZ) - Get Report

," he added. "If Verizon didn't have that dividend, it would be 'Katie bar the door.'"

Elsewhere, Cramer said

Valero

(VLO) - Get Report

is growing too quickly to trade at six times next year's earnings. "It's too cheap."

Cramer hailed good quarters at

Sirius

(SIRI) - Get Report

and

Coach

(COH)

, noting Coach CEO Lew Frankfort "called his shot" in previewing strength in a recent interview.

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

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