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Lightning Round: Apple, Costco, MercadoLibre and More

Apple : "Let Apple come down," Cramer said. He likes the stock, but the entire market is declining, AAPL included.

MercadoLibre : Cramer is bullish on this stock, which he called "the eBay of Latin America."

Bancolombia : "The stock has moved too much," Cramer said of CIB, which he does like. "Now we have to wait for a pullback" of 3% before buying.

Costco : Under $54, COST is a buy, Cramer said.

When this story published, Cramer's charitable trust owned Apple.

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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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