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

American Water Works (AWK) : "Not great, but not bad. Historically a good stock but no real edge right now."

Silicon Laboratories (SLAB) : "I'd go buy Intel (INTC) or NVIDIA (NVDA) ."

Switch (SWCH) : "I'd rather you think about VMware (VMW) ."

Hess (HES) : "I don't like the oil stocks right now."

Cramer and the AAP say they want to reiterate that this volatility is no cause for panic selling. They are looking at this down market opportunistically. 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 investors must be disciplines, because a lot of this selling looks mechanical. Get more of his insights with a free trial subscription to Real Money.

Search Jim Cramer's "Mad Money" trading recommendations using our exclusive "Mad Money" Stock Screener.

To read a full recap of this episode of "Mad Money," click here.

To watch replays of Cramer's video segments, visit the Mad Money page on CNBC.

To sign up for Jim Cramer's free Booyah! newsletter with all of his latest articles and videos please click here.

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

More from Jim Cramer

Kraft Heinz, VF Corp, Cimarex Energy: 'Mad Money' Lightning Round

Kraft Heinz, VF Corp, Cimarex Energy: 'Mad Money' Lightning Round

Industrials in Value Territory: Cramer's 'Mad Money' Recap (Thursday 6/21/18)

Industrials in Value Territory: Cramer's 'Mad Money' Recap (Thursday 6/21/18)

Jim Cramer: Williams Sonoma Is a Digitized Play

Jim Cramer: Williams Sonoma Is a Digitized Play

Video: Jim Cramer on Netflix, Disney, Intel, Micron and Goldman Sachs

Video: Jim Cramer on Netflix, Disney, Intel, Micron and Goldman Sachs

Jim Cramer Weighs In on Intel CEO Resignation

Jim Cramer Weighs In on Intel CEO Resignation