Lightning Round: Perfect stock to buy on a Grexit

It's that time again! The Lightning Round bell has rung, and Jim Cramer gives his take on a few favorite audience stocks:

Walt Disney Co: "This is exactly the kind of stock I am telling people to buy if we get a Greek default. Let's wait for that news."

Canadian National Railway: "No, if we are going to go rail we are going to go Union Pacific but we have to wait for the quarter because numbers can still come down."

Enable Midstream: "A lot of the midstreams are coming down, we've got to be real careful in midstreams. That one's got a decent yield, but I am concerned about the midstreams. Don't add any more to it, let's leave it at that."

Arrow Electronics: "I like Arrow Electronics, I like Avnet I like that distribution business. The stock's come down, but that's okay it's an opportunity."

AT&T: "5.5 percent yield, the yield is firm. I know that's because people think rates are going to go higher. I want you to buy AT&T, I think it's right here."

Denny's Corporation: "I think you buy 200 hundred shares. You buy 100 here, and you buy 100 if it gets to $10."

Read more from Mad Money with Jim Cramer
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Cramer: Best stocks when the Fed tightens

Consolidated Edison: "That is all about the Fed, so we are going to buy that stock Thursday if we get an all clear from the Fed. This stock has come down so much, don't pull the trigger yet. Wait."

Kimberly-Clark Corp: "I know the yield is only 3.3, but wouldn't buy it all at once. Why wouldn't I buy it all at once? Because there is a lot of pressure for the consumer packaged goods stocks, but I do like KMB."

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