"The first student recommended Nokia (NOK), saying as more people across the world become obsessed with their cell phones, Nokia is the way to play the mobile phone craze. "I'm with you, that one's a winner," Cramer agreed."

The next student brought up Grant Prideco (GRP). The catalyst here, the student said, is that as the company finishes consolidating its facilities, its margins are going to get better. Cramer likes Transocean (RIG) which he owns for his trust better then GRP.

Cramer agreed with another student that people should back up the truck on J. Crew (JCG).

Cramer said Fossil is "probably OK," but his worry is that retailers have already had a run. "I wish I liked shopping there more," he said of Fossil.

"STI is right for you," he told the student. It's a "nice, conservative financial" and when the Fed starts cutting rates, he expects STI will do "really well."