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Lightning Round: Applied Materials, Cisco & More

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

Magnum Hunter (MHR): I thought it had a good quarter, said Cramer. And I think they've fixed the accounting problems.

Federal-Mogul (FDML): It's a much too complicated business for me, said Cramer. There are just better places to make money.

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Applied Materials (AMAT): I'm a seller, said Cramer. I'm concerned that their acquisition won't go through.

The Southern Co. (SO): This is a great stock, said Cramer. It's a well run company with an attractive yield.

Cisco Systems (CSCO): I own it for my charitable trust, said Cramer. But I wouldn't back the truck up..

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    Jim Cramer is host of CNBC's "Mad Money" and co-anchor of the 9 a.m. ET hour of CNBC's "Squawk on the Street."

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