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

Lions Gate Entertainment (LGF) : "I think this one has had too big of a run. We need to wait."

California Resources (CRC - Get Report) : "No, no. Occidental Petroleum (OXY - Get Report) did a smart thing by getting rid of this one."

Chesapeake Energy (CHK - Get Report) : "No."

Sprint (S - Get Report) : "I don't care for Sprint. I like Verizon (VZ - Get Report) or T-Mobile US (TMUS - Get Report) ."

Micron Technology (MU - Get Report) : "This is a stock that's trying to bottom and not succeeding."

AMAG Pharmaceuticals (AMAG - Get Report) : "You don't want to own that one here when they're giving away Celgene (CELG - Get Report) ."

Tyson Foods (TSN - Get Report) : "This one is doing quite well."

Kansas City Southern (KSU - Get Report) : "The only rail I like is Union Pacific (UNP - Get Report) and it's too early for even that one."

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