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Lightning Round: Tupperware Brands, Carrizo Oil & Gas, EastGroup Properties and More

Tupperware Brands : Concerns about this packaging and container maker's European exposure were overblown, Cramer said. He's a buyer.

Carrizo Oil & Gas : For those in this oil and gas name, Cramer recommends taking a quarter off the table. He would, however, let the rest run.

EastGroup Properties : This is one of the best real estate investment trusts out there, Cramer said. He likes the stock's 5.2 percent dividend yield.

Green Mountain Coffee Roasters : Even after a 25 percent decline, this stock is too expensive for Cramer. There are a lot of short-sellers, who want this stock lower, he said. Wait for it to fall so low that the shorts have to cover.

J.C. Penney : Cramer praised CEO Ron Johnson, who came to J.C. Penney from Apple , where he oversaw its retail operations. He also likes the stock's 2.5 percent dividend yield, but doesn't think it can post much more than 10 to 15 percent to the upside.

Barnes & Noble : The "Mad Money" host likes the bookseller's stores, but can't get behind its stock. He thinks it's facing too much competition from Amazon.com AMZN.

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

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