Lightning Round: Staples, Dow Chemical, Procter & Gamble and More

Arm Holdings: Stick with ARMH, Cramer said.

Procter & Gamble: Cramer thinks PG is going to boost its dividend, so the stock is a buy.

• Cramer's Best Stocks in the Tech Sector

Teekay Tankers: TNK is a buy, Cramer said.

Valmount Industries : Ring the register on VMI, Cramer said.

Staples : Cramer said SPLS is a buy.

Palm: PALM is a speculative play, Cramer said, and investors shouldn't sell the stock at this lower price level.

Dow Chemicals: Cramer thinks DOW has made a "tremendous improvement" with their balance sheet.

Cramer's charitable trust owns Procter & Gamble.

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