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

BP Plc (BP) - Get Report : "Just raised the dividend and has great cash flow. The Action Alerts PLUS portfolio is a buyer."

Arconic (ARNC) - Get Report : "Let's just take the profit and run."

Fiat Chrysler (FCAU) - Get Report : "Best of the automakers, but I don't really care for the automakers. Take some off the table."

Qualcomm (QCOM) - Get Report : "Has a $3 down, $10 risk/reward. But the $3 down might come first."

Qudian (QD) - Get Report : "No. This one I don't want you to touch."

Thermo Fisher (TMO) - Get Report : "That's my kind of company for this environment."

GameStop (GME) - Get Report : "Too risky. The only one we like in that group is Take-Two Interactive Software (TTWO) - Get Report ."

Arena Pharmaceuticals (ARNA) - Get Report : "If you want to speculate on that one, I won't fight you. I don't fight the specs plays."

Encana (ECA) - Get Report : "We have to buy high-quality oil stocks and Encana is not one of them."

Weight Watchers (WTW) - Get Report : "It's a show-me situation and I'm going to take a pass."

Cramer and the AAP team are looking at Warren Buffet's increased stake in the financial stocks. 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.

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