Lightning Round: Diamond Foods, Royal Bank of Canada, Molycorp and More

RoyalBank of Canada : While this bank is better than a lot of American banks, Cramer prefers another Canadian name—TD Bank . However, he doesn't recommend owning a bank stock right now.

Diamond Foods : Diamond Foods is worrisome, the "Mad Money" host said, because we don't know what we're getting with this company. That's why he can't recommend this stock, even at these levels.

YPF Sociedad : Cramer thinks the dividend looks like it's yielding too much and he senses a red flag. However, he wants to do some homework and report back at a later date.

Molycorp : This is a highly speculative stock and Cramer doesn't want homegamers to own it.

Call Cramer: 1-800-743-CNBC

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