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Cramer's 'Mad Money Lightning Round': Time to Get Sirius

Cramer says the risk/reward is good here, and he's finally getting behind the stock.

To see the full "Mad Money" Recap, please click here.

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:

CME Group

(CME) - Get Report

: "I would buy more! This is a company that is a principal beneficiary of the volatility of the market. They are doing a miraculous job. It is incredibly well-run. ... I think now is the time. ... The more volatility, the better."

Life Partners

(LPHI) - Get Report

: "Miraculous company. ... They've created a secondary market in life insurance. It's a brilliant business model. I liked it before, and I like it again."

MasterCard

(MA) - Get Report

: "People try to make this as a consumer play. ... It's just a transaction play, and transactions are going up worldwide. ... The stock has been stalled here. I remain bullish, but I gotta tell you, there are better situations here than MasterCard because it has ... quadrupled on our watch, and I think it's resting."

Image placeholder title

UnitedHealth

(UNH) - Get Report

: "I've gotta tell you guys that I have been wrong in UNH," which Cramer owns for

Action Alerts PLUS, his charitable trust. "I'm bullish, and it's done absolutely nothing other than to make me look bad, but it doesn't make Warren Buffett look bad. He's been buying it hand over fist. ... I think UNH works. ... I'm stickin' by it, but my credibility is very low with UNH."

Teck Cominco

(TCK)

: "This is one of the greatest mineral companies. ... It is the fourth horseman of that group. ... Down eight points from its high. I think that's a tremendous buy. I'd pull the trigger right here."

Ingles Markets

(IMKTA) - Get Report

: "No, no, no. It's a supermarket stock, and they have been absolutely just awful. ... I do not care for them, and I am not going there."

Arris Group

(ARRS) - Get Report

: "I like Arris. It's technology for video, but I have to tell you, let's go safe here. ... I'd rather see you in

Cisco Systems

(CSCO) - Get Report

."

TST Recommends

Sirius Satellite Radio

(SIRI) - Get Report

: "I think the risk/reward is very good here. ... I am finally, right here, right now, at three bucks, getting behind Sirius Satellite."

Brush Engineered Manual

(BW) - Get Report

: "This makes beryllium, which is one of those metals that is in very short supply. ... I do like it. Special hard materials that go into aerospace and military defense."

Valassis Communications

(VCI)

: "I do not like the insert business. ... Valassis I think is a dinosaur. I know they still make money. I think the insert game on the Web is a lot better. I'd rather see you buy one share of

Google

(GOOG) - Get Report

than 20 shares of Valassis."

Apple

(AAPL) - Get Report

: "I think Apple's terrific. I think it's going to a 52-week high. ... The big thing here will be the actual desktop/laptop. They are selling hand over fist. I think it's been a punching bag for a while, and it's ready to come back. And I say, 'Hallelujah.' "

American Science and Engineering

(ASEI)

: "Keep looking. The stock's at at a 52-week high. ... My favorite one in that group is

L-3 Communications Holdings

(LLL) - Get Report

, also near a 52-week high."

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 UnitedHealth.

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.