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Lightning Round: Sprint Nextel, Hyperdynamics, Shutterfly and More

Sprint Nextel : Cramer is bullish on this wireless communications company, even though AT&T recently announced plans to buy Deutsche Telekom's T-Mobile USA. Either the deal won't go through or AT&T will have to write Sprint a check to build out its infrastructure, he predicted.

Hyperdynamics : The "Mad Money" host gave this stock the "Bull" sound button, stating investors can speculate on oil and gas right now. He's not recommending this stock, though.

Shutterfly : Cramer is bullish on this Web-based company.

American Tower : There will be a decline on infrastructure if the government approves the AT&T, T-Mobile deal goes through, Cramer said. If the deal isn't approved, however, AMT could do well. Cramer isn't sure, so he's on the fence.

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  • Jim Cramer

    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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