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


"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


(VZ) - Get Report

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

Elsewhere, Cramer said


(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


(SIRI) - Get Report




, 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.

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

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