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Lightning Round: Time Warner, Cliffs Natural Resources, ARM Holdings and More

Time Warner : Cramer thinks this media company's stock is a buy.

Scholastic : This publishing company's earnings have been hit or miss, Cramer said. In turn, its stocks makes big moves either up and down. Don't buy.

Cliffs Natural Resources : Considering this stock pays a juicy dividend yield, Cramer is a buyer.

ARM Holdings : Not only may it be overvalued, Cramer worries ARM Holdings may face serious competition from Intel .

LSI : Cramer thinks this company's stock is a buy right now.

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