It's Time for the Lightning Round!

AECOM : The infrastructure sector came roaring back today, and Cramer said ACM could be the cheapest of the bunch. He’s bullish on AECOM.

Dean Foods : Everything that could go wrong for a company went wrong for Dean Foods, Cramer said, and the pain isn’t over. Don’t buy.

Banco Popular : Wachovia is a better play.

Parker Drilling : “I am concerned,” Cramer said of the whole sector right now. But there are quality stocks like Transocean and Schlumberger that he said are worth considering.

Foster Wheeler : Sell, sell, sell. Cramer can’t recommend until the next quarter is reported.

Tata Motors : “I think at $15 Tata Motors makes a huge amount of sense.”

E*Trade Financial : ETFC has already enjoyed a good run, so Cramer recommends buying only part of a position here, then letting it come down.

American Capital : “I think that this company is a survivor.” Cramer’s bullish on ACAS.

First Solar : Until oil stabilizes, investors shouldn’t buy FSLR, Cramer said.

Hudson City Banc : Hudson City is operating in one of the only good real estate markets in the U.S.: New York City. Hudson City is a buy.

American Standard : Cramer likes the stock long term, but it hasn’t been performing as he expected. He can’t recommend it right now.

Level 3 Communications : This is Cramer’s bandwidth-shortage play. He likes it as a long-term speculation play for that reason.

Tessera Tech : With TSRA in the low $30s, he recommends buying TSRA as a long-term play.

Jim's charitable trust owns Transocean.

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