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

Cognizant Technology (CTSH - Get Report) : "I love this company. I think it's terrific."

Advanced Micro Devices (AMD - Get Report) : "The stock has moved up big and now it's churning. It's not falling apart and I'm not worried."

Cerner (CERN - Get Report) : "Healthcare is good, as is UnitedHealth Group (UNH - Get Report) ."

Schlumberger (SLB - Get Report) : "I think this stock is trying hard to put in a bottom."

Masonite International (DOOR - Get Report) : "That was some big miss on earnings."

Moneygram (MGI - Get Report) : "I'd rather be in Visa (V - Get Report) ."

Applied Optoelectronics (AAOI - Get Report) : "This one is too scary for me."

On Real Money, Cramer says the bulls took this one. They made the bears eat some real crow. Get Cramer's insights with a free trial subscription to Real Money.

Cramer and the AAP team say the markets are recovering but oil positions are still struggling. 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.

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