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Lightning Round OT: IPG Photonics, Gulfport Energy and More

IPG Photonics : Cramer is not a buyer of this fiber laser manufacturer’s stock. He prefers JDS Uniphase, whose optical laser business is “quite strong.”

Gulfport Energy : This oil and gas company is terrific, the “Mad Money” host said. He suggests legging in and “start buying while everyone else is panicking and losing their head.”

Brigham Exploration : Cramer's also bullish on this oil and gas name. With the oil sector down, he recommends investors slowly start to buy shares. If the stock holds at the $23 or $24 level, he would buy the rest at that price.

Call Cramer: 1-800-743-CNBC

Questions for Cramer? madmoney@cnbc.com

Questions, comments, suggestions for the Mad Money website? madcap@cnbc.com