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Lightning Round: Ultra Petroleum, Dow Chemical, BGC Partners and More

Ultra Petroleum : This may be a low-cost producer, but that's not reason enough for Jim Cramer to own Ultra Petroleum's stock. He prefers companies that are positioning themselves outside of natural gas.

Dow Chemical : This is a very well-run company that pays a juicy dividend yield, Cramer said. He's a buyer.

BGC Partners : While Cramer didn't outright make a call on this stock, he noted the company is levered to brokerage, which is a tough business to be in when few are investing in the stock market.

Brocade Communications Systems : Many investors are in this stock with hopes the underlying company will be taken over, Cramer said. He doesn't think that's a good strategy.

Enerplus : This stock is just too risky for Cramer to recommend right now.

Coca-Cola Enterprises : To Cramer, this is a well-run company. He's a buyer.

Huntington Bancshares : Cramer would buy this stock if it falls under $6 a share.

Read on for Cramer's Top Dividend Picks

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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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