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

Verizon (VZ) - Get Verizon Communications Inc. Report : "You can hold it. I like it."

Chipotle Mexican Grill (CMG) - Get Chipotle Mexican Grill, Inc. Report : "I think the recovery is for real. They had a good conference call."

Bank of Internet (BOFI) : "I would hold that. I do like the major banks more right here."

Melco Resorts (MLCO) - Get Melco Resorts & Entertainment Ltd. Report : "No, no, I like MGM Resorts (MGM) - Get MGM Resorts International Report ."

Oracle (ORCL) - Get Oracle Corporation Report : "I think Oracle is fine, but I still favor (CRM) - Get, inc. Report ."

PayPal (PYPL) - Get PayPal Holdings, Inc. Report : "I think PayPal is best in show. PayPal goes much higher. "

Raytheon (RTN) - Get Raytheon Company Report : "I think Raytheon is one of the best defense names."

Tallgrass Energy Partners (TEP) : "That dividend is a red flag. That group has become a house of pain and I'm not going there."

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Mallinckrodt (MNK) - Get Mallinckrodt Plc Report : "They had a better-than-expected quarter, but I am worried and I'm staying away."

Roku (ROKU) - Get Roku, Inc. Class A Report : "I thought they had a good quarter, but I'm concerned with Amazon (AMZN) - Get, Inc. Report coming in."

Scotts Miracle-Gro (SMG) - Get Scotts Miracle-Gro Company Class A Report : "People look at this as a cannabis play and it's really a garden play and the weather hasn't been good for gardening. "

McDonald's (MCD) - Get McDonald's Corporation Report : "I think McDonald's is fine. They're a screaming buy."

Cramer and the AAP team weigh in on Eli Lilly's (LLY) - Get Eli Lilly and Company Report deal to buy ARMO BioSciences (ARMO) . 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 stock traders know that oil traders are a skittish bunch. Get more of his insights with a free trial subscription to Real Money.

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To read a full recap of this episode of "Mad Money," click here.

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