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Lightning Round: Bank of America, Heinz, Bristol-Myers Squibb and More

HJ Heinz : Cramer said this Pittsburgh-based company continues its 52-week high because it has a good dividend, is a dominant player overseas and is well-run. He recommends buying this food name.

Bristol-Myers Squibb : If given the choice between this and shares of Johnson & Johnson , Cramer is going with BMY at current levels. He said JNJ used to be the better stock, but BMY now has a better yield.

Nanometrics : The "Mad Money" host never thought this company would make money, but admits he's impressed with its recent performance. He recommends NANO.

Eastman Kodak : Cramer thinks this is purely a speculative play and is not a buyer right now.

Bank of America : This stock has run into trouble over fears that the financial institution would have to raise capital as a result of new regulations, but Cramer doesn't think they do. Cramer also doesn't agree with critics, who say BAC has no vision. He remains a buyer.

Nordic American Tanker Shipping : Earnings can cover this stock's 8.9 percent dividend yield, but Cramer said pricing is "awful." He thinks it will continue to be "rocky," but would stick with it.

When this story was published, Cramer's charitable trust owned Bank of America.

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    Jim Cramer is host of CNBC's "Mad Money" and co-anchor of the 9 a.m. ET hour of CNBC's "Squawk on the Street."

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