Cramer Loves ITT Corp (ITT)

Last night during the Lightning Round on Mad Money, a caller asked about ITT Corp (NYSE: ITT) and Jim Cramer responded with a very enthusiastic BUY. ITT is involved in various businesses, including: water, global defense, engineered products and other electronic related components. ITT Corp recently completed its acquisition of EDO Corporation, a global aerospace and defense company.

Cramer seemed very positive on ITT and I wouldn\'t be surprised to see him spend more time on the idea in a future show.