It's Time for the Lightning Round!

First Solar : “I feel both good and bad about it,” Cramer said. It’s had a big run, but he’d still ring the register.

Alcatel-Lucent : As long as Patricia Russo remains CEO, Alcatel Lucent is a “sell, sell, sell,” Cramer said.

FactSet Research Systems : “I think this is a natural to be snapped up by someone.”

Dynegy : “That company is worth, on a break-up value, a lot more,” Cramer said. “I’m not backing away from Dynegy. I think it’s a buy.”

LifeCell : A good company, Cramer said, but “certainly not worth waking up for.”

Brocade Communications : If you’re going to be in that sector, Cramer’s favorite is Cisco . Secondarily, he would buy EMC .

Indevus Pharmaceuticals : “A great spec play,” Cramer said. It’s a bit off its high, but he remains bullish.

Costco : “It’s my favorite retailer in a group I cannot stand,” Cramer said. “Costco reigns supreme.”

Acergy : This is a small oil-service company, which is a sector that remains strong in this shaky market, Cramer said. “You just have to ride it. Don’t worry about the minute-to-minute.”

CF Industries : While this is a “terrific play,” Cramer thinks its time to “ring a little register on the ag bull market.” He’s not backing away from the agriculture space – he’s just advocating taking some profits. “When we play greedy, we get our heads cut off.”

Jim's charitable trust owns EMC.

Questions for Cramer?

Questions, comments, suggestions for the Mad Money website?