Here's what Jim Cramer had to say about some of the stocks during the Mad Money Lightning Round:

American Electric Power (AEP) - Get Report : "I would buy more once it hits a 4% dividend yield."

Fifth Third Bancorp (FITB) - Get Report : "That's a very good bank. I also like Huntington Bancshares (HBAN) - Get Report and First Horizon National (FHN) - Get Report ."

Applied Materials (AMAT) - Get Report : "I would pull the trigger on this one."

EPR Properties (EPR) - Get Report : "They missed the quarter and you can't miss the quarter in this environment. I need to see another quarter before I can consider them."

GW Pharmaceuticals (GWPH) - Get Report : "I think the stock has had too big of a run. I'm not recommending it anymore."

Longfin (LFIN) : "This one is up a lot and I don't want to buy it up here."

With the markets under pressure, Cramer and the AAP team are calling PayPal (PYPL) - Get Report out of the bullpen and into the portfolio. Find out what they're telling their investment club members and get in on the conversation with a free trial subscription to Action Alerts PLUS.

Over on Real Money, Cramer says this decline, this turmoil, isn't about the Fed or iterest rates. Get more of Cramer's insights with a free trial subscription to Real Money.

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At the time of publication, Cramer's Action Alerts PLUS had a position in PYPL.