'Mad Money' Lightning Round: Jim Cramer Sees Steel Companies Shining

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

Worthington Industries (WOR) : "This is in the sweet spot for this rally. I'll throw in Nucor (NUE) ."

Gilead Sciences (GILD) : "They have to use some of their cash to buy someone to get some growth."

California Resources (CRC) : "I prefer higher quality companies. I like Schlumberger (SLB) ."

Frontier Communications (FTR) : "Too risky for me. It's just too risky."

Devon Energy (DVN) : "Devon is fine. Not as good as Anadarko Petroleum (APC) but it's fine."

Cempra (CEMP) : "Let's let the tax loss selling abate and look at this one in January."

Wayfair (W) : "This is an incredible battleground."

Public Storage (PSA) : "I'm not a big real estate investment guy here."

A Special Invitation

It's not how you voted, it's how you invest. So how can investors win in the wake of this historical election? If you're planning to be in New York on Tuesday, Dec. 6, you are invited to join senior editors from TheStreet and our special guest experts for a cocktail party and lively conversation about the outlook for the U.S. financial markets. Which companies and sectors are poised to profit? What shocks and opportunities await investors in the new year? Listen to and meet our panelists: Lew Altfest, CEO of Altfest Personal Wealth Management; Barry Ritholtz, founder of Ritholtz Wealth Management; and Larry Siegel, director of research at the CFA Institute Research Foundation, with moderator Robert Powell. This evening event is free and will be held at The Harvard Club of New York. Reservations are required. For more information or to RSVP, please email events@thestreet.com

Are you in it for the long term? So are Jim Cramer and Jack Mohr. They've just updated their core holdings for Action Alerts PLUS. See what they're telling their members about Comcast (CMCSA) , Starbucks SBUX , Walgreens (WBA) and more with a free trial membership to this investment club.

To read a full recap of "Mad Money" on CNBC, click here.

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At the time of publication, Cramer's Action Alerts PLUS had positions in CMCSA, WBA and SLB.

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