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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" Tuesday evening:

Aecom Technology

(ACM) - Get AECOM Report

: "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) - Get Jacobs Engineering Group Inc. (J) Report

... should have been bought today."

Dean Foods

(DF) - Get Dean Foods Company Report

: "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) - Get Popular, Inc. Report

: "Banco Popular's got a good yield. ... How about this? I can get the same yield from

Wachovia

(WB) - Get Weibo Corp Sponsored ADR Class A Report

. ... They just raised the dividend. ... I'd rather see you in Wachovia."

Parker Drilling

(PKD) - Get Parker Drilling Company Report

: "I've gotta tell you, I am concerned ... because I genuinely think this group is terrific. I have been keying on

Schlumberger

(SLB) - Get Schlumberger NV Report

. Schlumberger to me is the cheapest. ... Let's stick with Schlumberger and

Transocean

(RIG) - Get Transocean Ltd. Report

. They are the best." Cramer owns Transocean for

Action Alerts PLUS, his charitable trust.

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Foster Wheeler

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: "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."

Tata Motors

TheStreet Recommends

(TTM) - Get Tata Motors Limited Sponsored ADR Report

: "We have liked Tata Motors. I want to be very candid with you. We liked it higher, and we liked it lower. ... It spiked at $19. I did not tell people to sell it. That was my bad. It's back to $15. ... I think at $15, Tata Motors makes a huge amount of sense."

"

E*Trade Financial

(ETFC) - Get E*TRADE Financial Corporation Report

got hit on some stuff last week about mortgages. ...

CEO Mitchell Caplan has done an unbelievable job on this E*Trade. ... I would buy some here, and let it come down if it does. ... I've been aghast that this stock was able to be rumored down. It was part of the whole subprime thing that took on a life of its own. ... I like the stock."

American Capital Strategies

(ACAS)

: "Malon Wilkus is the CEO. He is a great investor. ... He is a seasoned survivor. He just bought stock this week. ... I think that this company is a survivor. A lot of people have tried to call it out a lot of times. They're not going to be successful."

First Solar

(FSLR) - Get First Solar, Inc. Report

: "It was up a lot today, it was up a lot yesterday, but the stock is back to $96. ... I'm a little chastised on the name. This name really does trade in conjunction with where oil is. Oil's coming down. ... Until oil stabilizes, I think we're on dangerous territory with First Solar. ... I want you to ring the register."

Hudson City Bancorp

(HCBK)

: "That business is smoking. The only good real estate market in the country is the New York environment. ... I want to buy Hudson City."

American Standard

( ASD): "I have been so cold and wrong on American Standard. ... I don't think I am the right guy to opine. ... It has not done well. ... I just have to tell you, I believe in it, but my credibility is on the line with American Standard."

Level 3 Communications

(LVLT)

: "I like LVLT for one reason: because I believe there is going to be a bandwidth shortage. ... I am picking this as a long-term speculation."

Tessera Technologies

(TSRA)

: "I mentioned American Standard. I blew

it on Tessera, too. I thought the quarter was going to be good. I got the quarter wrong. ... Now in the low $30s, I would definitely buy it. ... I believe in both of them, but I got them wrong. I want to stick with Tessera, and I want to stick with American Standard, but you've got to go to other guys who are better on those stocks than I am."

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 Transocean.

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."

None of the information contained in "Mad Money" constitutes a recommendation by Mr. Cramer, TheStreet.com or CNBC that any particular security, portfolio of securities, transaction, or investment strategy is suitable for any specific person. You must make your own independent decisions regarding any security, portfolio of securities, transaction, or investment strategy mentioned on the program. Mr. Cramer's past results are not necessarily indicative of future performance. Neither Mr. Cramer, nor TheStreet.com, nor CNBC guarantees any specific outcome or profit, and you should be aware of the real risk of loss in following any strategy or investments discussed on the program. The strategy or investments discussed may fluctuate in price or value and you may get back less than you invested. Before acting on any information contained in the program, you should consider whether it is suitable for your particular circumstances and strongly consider seeking advice from your own financial or investment adviser.

Some of the stocks mentioned by Mr. Cramer on "Mad Money" are held in Mr. Cramer's Action Alerts PLUS Portfolio. When that is the case, appropriate disclosure is made on the program and in the "Mad Money" recap available on TheStreet.com. The Action Alerts PLUS Portfolio contains all of Mr. Cramer's personal investments in publicly-traded equity securities only, and does not include any mutual fund holdings or other institutionally managed assets, private equity investments, or his holdings in TheStreet.com, Inc. Since March 2005, the Action Alerts PLUS Portfolio has been held by a Trust, the realized profits from which have been pledged to charity. Mr. Cramer retains full investment discretion with respect to all securities contained in the Trust. Mr. Cramer is subject to certain trading restrictions, and must hold all securities in the Action Alerts PLUS Portfolio for at least one month, and is not permitted to buy or sell any security he has spoken about on television or on his radio program for five days following the broadcast.