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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:
: "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
... should have been bought today."
: "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."
: "Banco Popular's got a good yield. ... How about this? I can get the same yield from
. ... They just raised the dividend. ... I'd rather see you in Wachovia."
: "I've gotta tell you, I am concerned ... because I genuinely think this group is terrific. I have been keying on
. Schlumberger to me is the cheapest. ... Let's stick with Schlumberger and
. They are the best." Cramer owns Transocean for
Action Alerts PLUS, his charitable trust.
: "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."
: "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."
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
: "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."
: "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
: "That business is smoking. The only good real estate market in the country is the New York environment. ... I want to buy Hudson City."
( 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
: "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."
: "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."
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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."
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