Lear ( LEA), St. Jude Medical ( STJ) and Fortune Brands ( FO) are three value plays that Jim Cramer believes could make people money, he told viewers of his "Mad Money" TV show Thursday. These three stocks, which are at or near their 52-week low, have been left behind, he said. Value stocks are not cheap stocks, but are instead inexpensive stocks that are too worthwhile to throw back into the water, Cramer said. These stocks are low risk and high reward, he said. While growth stocks are all alike, Cramer said value can mean a lot of different things. Every value stock is valuable in its own way, he said. The first value stock Cramer named was Lear, which is "the last man standing in the auto-supply business," he said. "This is going to be the king of the automotive supply sector." People have been buying other auto suppliers that are more troubled than Lear, he said, adding that Lear is cheaper than it deserves to be. "But a stock isn't a good value play just because it has been knocked down," Cramer warned. "It has to have a reason to go up."