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Lightning Round OT: Hess, PH Glatfelter and More

TIBCO Software : Cramer said companies that provide infrastructure software solutions, like TIBX, are often considered takeover candidates. He would stick with this Palo Alto, Calif.-based company.

Hess : In the energy space, Cramer prefers Sunoco , because Hess is "not that well run a company."

PH Glatfelter : Despite its 3.3 percent dividend yield, Cramer said this is "not a great performing stock here." He recommends holding onto it and reinvesting dividends before cutting it.

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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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