Lightning Round: Micron Technology, Magna International and More

Micron Technology : Cramer called MU his top speculative trade of 2011. He likes it because Micron provides products to Apple .

Magna International : The auto parts company saw its stock stumble in response to Ford's disappointing earnings, Cramer said. Ford has bottomed, though, so Magna will likely go up. Cramer recommends hanging onto MGA.

People's United Financial : This might not be a popular stock on Wall Street, but Cramer likes it because it's relatively inexpensive and boasts a 4.7 percent dividend yield.

When this story was published, Cramer's charitable trust owned Apple.

Call Cramer: 1-800-743-CNBC

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