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Lockheed Martin

(LMT) - Get Lockheed Martin Corporation Report

, a company with 12% growth selling at 16 times earnings, is "pretty cheap," Jim Cramer told a caller on his

"RealMoney" radio show Thursday.

He added that

General Dynamics

(GD) - Get General Dynamics Corporation Report

may be the best stock in the defense group.

Responding to another caller, Cramer said he wants people to own


(ABB) - Get ABB Ltd. Report

, calling it "a really good situation."

When his next caller asked about


(MAT) - Get Mattel, Inc. Report

, Cramer, who previously considered this stock "trash," said that the company now has good management and could make people some money.

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Cramer told another caller he'd rather be in

Washington Mutual

(WM) - Get Waste Management, Inc. Report


Mellon Financial

( MEL).

Sun Microsystems

(SUNW) - Get Sunworks, Inc. Report

"has lost its way," Cramer told someone else.

But Cramer said he likes

Brocade Communications




(HPQ) - Get HP Inc. Report

more. He owns H-P for his charitable trust,

Action Alerts PLUS.

To see the most recent edition of The RealMoney Radio Recap in its entirety, please click here. This recap is published every day around 3 p.m. ET.

At the time of publication, Cramer was long Hewlett-Packard.

Jim Cramer is a director and co-founder of He contributes daily market commentary for's sites and serves as an adviser to the company's CEO. Outside contributing columnists for and, 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

Action Alerts PLUS. Listen to Cramer's RealMoney Radio show on your computer; just click

here. Watch Cramer on "Mad Money" at 6 p.m. ET weeknights on CNBC. Click

here to order Cramer's latest book, "Real Money: Sane Investing in an Insane World," click

here to get his second book, "You Got Screwed!" and click

here to order Cramer's autobiography, "Confessions of a Street Addict." While he cannot provide personalized investment advice or recommendations, he invites you to send comments on his column by

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