Lightning Round: E*TRADE, Nordstrom, Trane and More

Abbott Labs : A great diagnostic play worth buying, Cramer said.

Infinera : “This group has gotten too hard for me.”

Southern Copper : Not bad, but Freeport-McMoRan is better, according to Cramer. FCX has gold and copper, it’s cheap and it could be taken over.

Nordstrom : Cramer thinks it heads back to $36. He would buy it.

E*TRADE : “One of the worst portfolios I have ever seen.” ETFC is a loser – period, Cramer said.

Anthracite Capital : Forget Anthracite and buy Annaly Capital, Cramer said, which is his favorite mortgage play.

Anadarko Petroleum : A well-run oil and gas stock in the same echelon as Apache , Devon and Cramer’s favorite: XTO Energy .

Trane : It is too heavily levered to residential housing, Cramer said, but it’s still a “great company.” He doubts Trane will be independent in a year.

Questions for Cramer?

Questions, comments, suggestions for the Mad Money website?