Cramer's 'Mad Money Lightning Round': Get a Taste of Honeywell

Cramer said that CEO Dave Cote is doing great things and that the stock is a buy here.
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Here's what Jim Cramer had to say about some of the stocks that callers offered up during the "Mad Money Lightning Round" Wednesday evening:

Syntax-Brillian

(BRLC)

: "Keep looking, keep looking. Don'tBuy. You like everything about that? ... Then you should be buying

Corning

(GLW) - Get Report

, which was unceremoniously dumped." Cramer said that Corning's quarter "was darned good!" He owns the stock for

Action Alerts PLUS, his charitable trust.

Kroger

(KR) - Get Report

: "

Safeway

(SWY)

, Kroger -- they've not been reporting good quarters. They've been hurt by food inflation. ... I tend to think that these companies do fine over time. They're not that interesting. ... I would trim it back."

Lundin Mining

(LMC)

: "All mineral stocks are getting hammered here. Every single one of them. ... Here's the way you approach an LMC: You accumulate LMC. We like the combination, the copper, the lead. We like their product portfolio. We have seen that group compressed, and every time it has, we've been right to buy. It'll be no different this time."

Image placeholder title

NYSE Euronext

(NYX)

: "I want to own my mistakes, my failures, my early calls." Cramer named it as one of his growth stocks of the year, but the stock has since come down. "That's awful. ... I should be whipped, but I still believe." Cramer owns NYSE Eurnoext for Action Alerts PLUS.

Prudential Financial

(PRU) - Get Report

: "There were some concentrated raids on all the insurers. ... Listen to me: Prudential is a great company. It is a great company, and it will not founder on subprime, and I think that that stock, which got hit very unfairly, is one of the few financials I want to own."

Honeywell

(HON) - Get Report

: Cramer said that CEO Dave Cote "inspires a tremendous amount of confidence. ... He has improved that thing remarkably. ... He is a transforming manager. He's generating a huge amount of cash. ... I want to buy that stock right here. I should've bought it today for my charitable trust. You are right. That stock is great."

Companhia Vale do Rio Doce

(RIO) - Get Report

: "Stock is down 9% from the high, and suddenly it's over? This is a company that has a hammerlock on all the nickel in the world! I would not give up on this stock. ... In the last year, it's up 114%! ... Stocks that are up huge are getting register-rung. It's the summer -- it happens every year. That just happened to RIO."

Apple

(AAPL) - Get Report

: "I felt that there was a lot of unfair stuff said about Apple yesterday. ... I think the raids are over. I think Apple's ready to resume its climb. I am not backing away from Apple at $135. Now, when it gets to $145, I'd do some schnitzeling."

Nucor

(NUE) - Get Report

: "Reported a really bad quarter, and people don't think it can be taken over. ... I have been recommending

Reliance Steel

(RS) - Get Report

. ... I cannot get behind Nucor."

Great Lakes Dredge & Dock

(GLDD) - Get Report

: "Remember, I said it was a Russell 2000 play. Once it was added to the Russell, we were ixnay."

Chordiant Software

(CHRD)

: "They just reported a great quarter yesterday! It was great. ... Let's ride that one a little more."

Amazon

(AMZN) - Get Report

: "It's one of my four horsemen. I caught the big move. Did I overstay my welcome? .. I expect a strong fourth quarter. ... I want to stay put. ... I think a great fourth quarter, and then we leave Amazon."

*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

.

At the time of publication, Cramer was long Corning and NYSE Euronext.

Jim Cramer, host of the CNBC television program "Mad Money," is a Markets Commentator for TheStreet.com, Inc., and CNBC, and a director and co-founder of TheStreet.com. All opinions expressed by Mr. Cramer on "Mad Money" are his own and do not reflect the opinions of TheStreet.com or its affiliates, or CNBC, NBC UNIVERSAL or their parent company or affiliates. Mr. Cramer's opinions are based upon information he considers to be reliable, but neither TheStreet.com, nor CNBC, nor either of their affiliates and/or subsidiaries warrant its completeness or accuracy, and it should not be relied upon as such. Mr. Cramer's statements are based on his opinions at the time statements are made, and are subject to change without notice. No part of Mr. Cramer's compensation from CNBC or TheStreet.com is related to the specific opinions expressed by him on "Mad Money."

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