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Lightning Round: Blackstone, Gogo & More

Are you ready skeedaddy???!!! It's time for the Lightning Round. Cramer makes the call on viewer favorites.

Allegheny Technologies (ATI): Restructuring has really worked for them, said Cramer. However, my charitable trust owns rival Timken.

Pioneer Natural Resources (PXD): I think they may be sitting on one of the largest oil fields in the world, said Cramer. At these levels, I would not sell.

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The Blackstone Group (BX): It's a treasure trove of value, said Cramer. I wouldn't back away from it.

Franks International (FI): I'm a buyer, said Cramer. I've been wrong but I think it's going higher.

Generac Holding (GNRC): It's a play on the electrical grid, said Cramer. I'm a buyer.

Gogo (GOGO): I think there's too much competition in the group, said Cramer. It could bounce but I wouldn't make it a large position.

Ciena (CIEN): It's a cautionary tale, said Cramer. I don't see a lot to write home about but after the recent decline, now, it's too low to sell.

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