Lightning Round: Apple, Caterpillar, Advance America, Freeport-McMoRan and More

Apple : The technology giant's stock appears to have recently bottomed at $310 a share, Cramer said. He remains bullish on AAPL.

Metalico : Cramer isn't familiar with this stock, so he plans to research it and address it at a future date.

Oclaro : The "Mad Money" host said he made a mistake when he recommended this stock. He wouldn't sell it at this level either.

Caterpillar : The construction machinery maker said it does its best when oil falls between $80 and $90 a barrel, Cramer noted. He's watching this stock and recommends buying shares should it fall to the $97 level.

AK Steel : Cramer isn't bullish on steel companies right now because of weak demand.

Advance America : This is a great, high-yielding stock, Cramer said.

Freeport-McMoRan Copper & Gold : Cramer said with oil going down, China can stop tightening and may start buying copper again.

When this story was published, Cramer's charitable trust owned Apple, Caterpillar and Freeport-McMoRan.

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