Jim Cramer's Lightning Round

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'Mad Money Lightning Round': No on American Apparel

Scott Rutt

Here's what Jim Cramer had to say about some of the stocks that callers offered up during the "Mad Money Lightning Round" Tuesday evening:

American Apparel (APP Quote - Cramer on APP - Stock Picks): "Listen, I've hated it ever since it became public. I feel strongly that it shouldn't have gone public. I don't like the company."

AerCap Holdings (AER Quote - Cramer on AER - Stock Picks): "These are all bad and every one of them has cost people a fortune. I'm not recommending any of them. "

Mexican Economic Development (FMX Quote - Cramer on FMX - Stock Picks): "I am not worried about that one at all. I think you have a good one there and I want to be in that one."

Transocean (RIG Quote - Cramer on RIG - Stock Picks): "I think that's a great company that's going to blow away the numbers. I want to buy that one on the way down."

Apache (APA Quote - Cramer on APA - Stock Picks): "Listen, oil and gas are going down. Let's wait until they fall to last week's levels and start buying then."

*For all you home-gamers, a 'mon-back opportunity means Cramer would back up the figurative truck and load up on a stock.

Want more Cramer? Check out Jim's rules and commandments for investing by clicking here.