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.

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