Textron (TXT): I think it's an inexpensive stock, said Cramer. Given increased tensions around the globe, I think defense industry stocks are going up.
Charles Schwab (SCHW): Recent gains suggest higher rates are coming and that individual investors are back, but, frankly I'm not seeing it.
Apollo Global Management (APO): In this space I'd rather own KKR, said Cramer.
Steel Dynamics (STLD): In the space I'd rather own Nucor, said Cramer.
Nokia (NOK): They've gotten rid of their worst division, said Cramer. I think you can own it.
Hudson City Bancorp. (HCBK): There are many other banks that I'd rather own, said Cramer. I don't recommend this stock.
First Niagara Financial Group (FNFG): It's too darn cheap, said Cramer. I'm a buyer.
NextEra Energy (NEE): It's a growth utility, said Cramer. At 3 percent it's good. However I like Dominion more.