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

Target (TGT - Get Report) : "I've been to a new Target and it's a palace."

Triton (TRTN - Get Report) : "This is a good business right now with the economy so strong."

Covanta (CVA - Get Report) : "I like Covanta."

Corcept Therapeutics (CORT - Get Report) : "I think this is a tough business and this one is too hard."

Cramer and the AAP team think Raytheon (RTN - Get Report) should continue to see solid long-term demand. 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.

Over on Real Money, Cramer says these wild swings allow you to buy individual stocks at absurd prices if you are simply there, waiting. Get more of his insights with a free trial subscription to Real Money.

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