Lightning Round: Caterpillar, Boeing & more

Are you ready skeedaddy???!!! It's time for the Lightning Round. Cramer makes the call on viewer favorites.

Caterpillar (CAT): The company is not executing well in China, said Cramer, and because of that, I can't bless the stock at these levels.

Boeing (BA): I think it's an inexpensive stock, said Cramer. But it didn't have a great quarter. Nonetheless, I'm a strategic buyer.

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United Technologies (UTX): Its fortunes seem to rise and fall with aerospace, said Cramer, and aerospace has currently fallen out of favor. Long-term, however, I'm bullish.

Spirit (SAVE): Airline stocks have been pausing because of tensions overseas, said Cramer. Events shouldn't have hit Spirit but they did because airlines tend to trade in tandem. Therefore, I'd wait and watch.

Magellan Midstream Partners (MMP): I think it's a great growth situation, said Cramer. If you're establishing a new position, I'd buy some here and hope to buy more lower.

Sprint (S): You need a long-term time horizon for this stock, said Cramer. Unless they do a deal, I don't think it moves sharply higher in the near term. However, I do believe it can go higher over time.

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