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NEW YORK (TheStreet) -- Here are some of the hot stocks Jim Cramer talked about on Wednesday's Mad Money on CNBC:
Lockheed Martin (LMT) : With the Republicans back in charge in the Senate, Cramer said defense spending should be on the rise, and that means buy Lockheed, a stock that's already up big on the year.
Marathon Petroleum (MPC) : Cramer said Marathon remains his favorite among the oil refiners and is one of the few companies benefiting big from falling crude oil prices.
Actavis (ACT) : Investors looking for a great drug maker can stop looking when they come across Actavis, Cramer said.
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-- Written by Scott Rutt in Washington, D.C.
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