Lightning Round: Alexion Pharmaceuticals, Morgan Stanley, Vale and More

Alexion Pharmaceuticals : This stock is trading at levels much higher than when Cramer first recommended it, but he still likes companies that offer therapeutics for autoimmune disease. So, he thinks it's a "buy, buy, buy!"

Morgan Stanley : Cramer said he's not crazy about this investment bank right now.

Vale : The "Mad Money" host's charitable trust owns this stock. Should it continue to drop from current levels, he recommends buying shares.

ArcelorMittal : Cramer doesn't like most steel stocks right now.

Delta Air Lines : If the airline stocks rally on news that the price of oil has dropped, Cramer recommends selling this stock.

Vivus : There is too much competition in the market for obesity drugs, Cramer said. He thinks VVUS is a sell.

Peabody Energy : U.S. government regulators are trying to shut down coal, Cramer said. So, he recommends selling BTU.

Pfizer : This pharma is a "buy" right now, Cramer said.

Opko Health : Before Cramer can make a call on this stock, he wants to interview Dr. Phillip Gamma Frost, the company's CEO.

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

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