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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" Friday evening:

Honeywell ( HON): CEO Dave Cote "is just the master of Honeywell. He's buying back stock hand over fist. He's doing a great job. ... Honeywell is absolutely a TripleBuy."

UBS ( UBS): "Has been spindled, mutilated, crushed, whipped, and you know what? It's a great franchise, and it's going to come back. ... The stock is way, way off its 52-week high. ... Let's pull the trigger if we can around here and buy some UBS. ... It's going to start rallying."

Cummins ( CMI): "I like Cummins. ... It has now pulled back. ... Caterpillar ( CAT) is now down ... 16 straight points. I think Caterpillar is a better buy now than Cummins." Cramer owns Caterpillar for Action Alerts PLUS , his charitable trust.

Dynamic Materials ( BOOM): "It has been a stalled stock. Metal-working, welding -- you need a stronger economy for it. ... Don'tBuy Don'tBuy. I say be careful."

Life Partners ( LPHI): "I frankly don't understand what part of the life insurance business they're really in. ... That's a hard business to understand. The insurer I've been recommending is Travelers ( TRV). ... I've got to send you to Travelers. I know that they've got great cash flow, and they take advantage of the absolute chaos."

Ingersoll-Rand ( IR): "Warren Buffet has been buying this stock almost as aggressively as the company has itself. ... The buyback is one of the most aggressive on the New York Stock Exchange. .... I think Ingersoll ... is a buy."

Ametek ( AME): "Precision instruments is a good business. ... I like Ametek. ... Lenny Dykstra ... thinks that this stock is the next one to move. ... If he likes AME, I've gotta be on board, too."

Aircastle ( AYR): "I like this business. ... The company that I have been involved with that has leasing is AIG ( American International Group ( AIG)). ... I think that AIG may be a better bet now that the Fed has blinked." Cramer owns AIG for Action Alerts PLUS.

Goodyear Tire ( GT): "They did the restructuring, and the stock has been knocked down like every industrial company has." But Cramer said the balance sheet is good. "I think you've got to stick with Goodyear."

US Bancorp ( USB): "I think Warren Buffet has just bought a ton of USB. Very little exposure to the mortgage market. ... US Bankcorp is fine with me. I would stick with US Bancorp."

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At the time of publication, Cramer was long AIG and Caterpillar.

Jim Cramer, host of the CNBC television program "Mad Money," is a Markets Commentator for, Inc., and CNBC, and a director and co-founder of All opinions expressed by Mr. Cramer on "Mad Money" are his own and do not reflect the opinions of 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, 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 is related to the specific opinions expressed by him on "Mad Money."

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