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

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

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

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

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

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

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

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

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

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

Weight Watchers (WTW) : "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.

Over on Real Money, Cramer says bad news is an excuse to sell at any price. Get more of his 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 BP.

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