Lightning Round: Chesapeake Energy, Avnet, Nabors Industries

Chesapeake Energy : Rather than toy with this stock, Cramer recommends Devon Energy . He thinks it has a better balance sheet and assets.

Avnet : Although this company has exposure to Europe, Cramer is optimistic about Avnet's prospects.

Dr. Pepper Snapple : The "Mad Money" host remains bullish on this soft drink maker's stock.

Nabors Industries : This stock has not performed well lately, Cramer said. He can't recommend it right now.

Vertex Pharmaceuticals : Based on data the company recently released, Virtex is not as good as Cramer first thought. He won't recommend it right now.

Red Hat : This technology company's stock involves some risk due to the volatile market environment, but Cramer likes it.

Walter Energy : Cramer still isn't interested in this stock.

Seadrill : Cramer doesn't really care for this stock.

Emerson Electric : Although Cramer likes this company, he said the industrials are "hated." Wait for the dividend yield to rise to 4 percent before buying shares, he said.

Read on for Cramer's Stocks to Avoid

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

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