Mad Money Lightening Round: Jim Cramer Recommends SKX

In his “Mad Money Lightening Round” on Friday, Jim Cramer said that he is bullish on the shoe market. He asked traders to stick with the fundamentals of Skechers (NYSE: SKX). He considers SKX as a good stock which is inexpensive at the moment. SKX moved up 0.52% in after hours, after falling more than 5% on Friday.

When asked about Cubic (NYSE: CUB), Jim said that he has always liked the stock. CUB fell 4.59% to close at $37.03 on Friday.

Cramer said that VMware (NYSE: VMW) is currently firing on all cylinders. He, however, mentioned that these stocks tend to get hammered “when they're this hot.” He advised them to wait till the stock settles down, before investing into it. VMW’s shares fell 0.22% in after hours trading.

On Chesapeake Energy (NYSE: CHK), Jim said, "I say buy the preferred shares. What's not to like?" CHK shed 0.19% in the after hours session.

To see more trading ideas, click here.