Mad Money Lightning Round: Cramer Advises Investors To Buy Peabody Energy (COP, ARG, MOS, POT, DTG, MLNX, RVBD, ONNN, DE, BTU)

On CNBC's Mad Money, Jim Cramer said during the Lightning Round that ConocoPhillips (NYSE: COP) reported a “nasty quarter. It almost yields 4%. At 4% you can start buying."

Cramer likes Airgas (NYSE: ARG) and its CEO, Peter McClausland. He added, “I think that stock won't go much lower."

He advises investors not to buy Mosaic (NYSE: MOS). He said, “I recommend Potash (NYSE: POT) and I'm not backing away. That's the better play."

For Dollar Thrifty Automotive (NYSE: DTG), he said, "Cha-ching, cha-ching. Let's keep that one on the sidelines and wait for lower prices."

Jim said that Mellanox Technologies (NASDAQ: MLNX) is a “good company, but it has run too much and hasn't corrected. Let's take some off the table until it comes in."

For Riverbed Technologies (NASDAQ: RVBD), he said, "Here's the problem. It's an expensive stock. It's got a high multiple. There's no reason to take action here, I'd wait for a pullback."

Cramer said that ON Semiconductor (NASDAQ: ONNN) reported a “terrific quarter. Let's take a little off the table. I think you can get some better prices."

For Deere & Company (NYSE: DE), Jim said, "I would trim a little before they report, then be prepared to buy some back after they report."

Cramer is a “buyer of Peabody Energy (NYSE: BTU).” He added, “I think they're inexpensive and I want to buy it and maybe buy a little more if oil comes down to $90."

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