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Lightning Round: Skullcandy, Nokia, Cedar Fair and More

Legacy Reserves : Cramer is not interested in this oil and gas stock right now.

WR Grace : The "Mad Money" host is going to pass on this one.

Arena Pharmaceuticals : Considering the obesity problem in the U.S., Cramer likes ARNA.

Skullcandy : This company could face too much competition in the future, Cramer said. He just doesn't like its niche.

Frontier Communications : "They do not have what it takes in this competitive telco environment," Cramer said, adding he prefers Verizon and AT&T .

Nokia : Cramer hit the "Don't Buy, Don't Buy!" button on this one.

International Game Technology : For investors who abosolutely need a casino stock, Cramer prefers Las Vegas Sands .

Stanley Black & Decker : This stock should be higher, but it has a lot of European exposure. He can't recommend it right now.

Cedar Fair : Cramer continues to like this high-yielding stock. He thinks it has "domestic security," meaning it benefits from no exposure to Europe.

Read on for Cramer's Stocks to Avoid

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