Lightning Round: Vonage, Bank of America, Molycorp and More

Frontier Communications (FTR): When it comes to wireless communications, Jim Cramer currently prefers Verizon Communications (VZ).

VirnetX (VHC): This is a speculative play, so Cramer recommends playing it through upside call options.

Vonage (VG): Again, Cramer suggests VZ.

CenturyLink (CTL): Go with VZ, Cramer repeated.

Lightning storm
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Permian Basin Royalty (PBT): The "Mad Money" host likes LinnCo (LNCO), which continues to raise its dividend yield.

Alnylam Pharmaceuticals (ALNY): Cramer prefers BioMarin Pharmaceutical (BMRN) right now.

Aqua America (WTR): Cramer likes this stock right now. He's a buyer.

Molycorp (MCP): Cramer remains bearish on this stock.

Bank of America (BAC): The banking sector is worth owning right now, Cramer said. He likes BAC.

Photronics (PLAB): This stock is "good," Cramer said.

Call Cramer: 1-800-743-CNBC

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