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

Emerson Electric (EMR - Get Report) : "I think that Emerson is terrific and is a buy."

Valero Energy (VLO - Get Report) : "I think Valero still works, although I don't like to buy a stock at a 52-week high. I also like HollyFrontier (HFC - Get Report) and Marathon Petroleum (MPC - Get Report) ."

Ichor Holdings (ICHR - Get Report) : "I'd prefer Lam Research (LRCX - Get Report) ."

Diamondback Energy (FANG - Get Report) : "There's a traffic jam in the Permian Basin, but I'd stick with this one."

Monster Beverage (MNST - Get Report) : "No, I don't like it. I don't see any turnaround."

Progress Software (PRGS - Get Report) : "This one has beaten numbers time and again. This is a good one. "

Cramer and the AAP are talking about the news that Microsoft (MSFT - Get Report) is planning to buy software developer platform GitHub for $7.5 billion in stock. 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 European "woe-is-me" stories burst onto the scene, explode and quickly fade. 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 MSFT.