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

Raytheon (RTN - Get Report) : "That is my No. 2 pick. I like General Dynamics (GD - Get Report) , Raytheon and then Northrop Grumman (NOC) ."

ABB Ltd (ABB - Get Report) : "I do like the stock, but that's a long-term story."

Twitter (TWTR - Get Report) : "I want to get through this quarter, then I'll look at it again."

GNC Holdings (GNC - Get Report) : "Too risky. Let's go for quality."

CenturyLink (CTL - Get Report) : "That's a good acquisition but I don't want to reach for yield. I don't think anyone can afford to pay that big dividend. "

Ionis Pharmaceuticals (IONS - Get Report) : "That stock can't seem to lift."

Meanwhile, over on Real Money, Cramer looks at the heated battle at Buffalo Wild Wings (BWLD) and says activism still lives. Get his insight strategies with a free trial subscription to Real Money.

Cramer and the AAP team view the strength of corporations as most important in proving that stocks can handle current valuations. Find out what they're telling their investment club members about Arconic (ARNC - Get Report) , Apple (AAPL - Get Report) and Magellan Midstream Partners (MMP - Get Report) . Get a free trial subscription to Action Alerts PLUS.

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At the time of publication, Cramer's Action Alerts PLUS had positions in ARNC, AAPL and MMP.