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

Applied Materials (AMAT - Get Report) : "My number one is LAM Research (LRCX - Get Report) . That's the one I'm most comfortable with."

Yahoo! (YHOO) : "It's undervalued versus what the parts are worth. You can hold onto it."

Momo (MOMO - Get Report) : "I still like Alibaba (BABA - Get Report) in China."

MindBody (MB) : "I want you to take a little off the table. It's getting rich."

GW Pharmaceuticals (GWPH) : "I am more and more worried about this one. There is a narrow use case for GW here."

Lumentum Holdings (LITE - Get Report) : "Optical components are some of the most dangerous stocks. They are hit or miss."

Meanwhile, over on Real Money, Cramer writes about the incredible slow-motion crash in oil stocks. Get his insights a free trial subscription to Real Money.

Cramer and the AAP team are reviewing some of their portfolio picks, including General Electric (GE - Get Report) , Arconic (ARNC - Get Report) , Walgreens (WBA - Get Report) , and HP Enterprise (HPE - Get Report) . Find out what they're telling their investment club members with a free trial subscription to Action Alerts PLUS.

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At the time of publication, Cramer's Action Alerts PLUS has positions in GE, ARNC, WBA, HPE.