Lightning Round: General Motors, Waste Management, Sprint Nextel and More

General Motors : Cramer only likes General Motors as a long-term investment.

Waste Management : This is a teriffic stock with a great return, Cramer said.

CenterPoint Energy : This utility doesn't have a great yield, but Cramer thinks it has a lot of growth prospects.

Public Service : The "Mad Money" host thinks this is a good stock with lots of growth.

Sprint Nextel : Regulators are likely to approve AT&T's planned purchase of Deutsche Telekom's T-Mobile USA, Cramer said. If that happens, he said it won't be good for Sprint.

General Growth Properties :Federal Realty investment Trust is a higher quality name, Cramer said.

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

Call Cramer: 1-800-743-CNBC

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