Mad Money Lightning Round: Cramer Likes Southern Copper

On CNBC's Mad Money, Jim Cramer said during the Lightning Round that Under Armour (NYSE: UA) has “come down 10 points. I think it's time to pull the trigger."

For Cliffs Natural Resources (NYSE: CLF), he said, "We are in the middle of a big decline in the commodity stocks. The markets have spoken and you need to wait at least 5% to 10% before you pull the trigger."

Cramer recommends buying Southern Copper (NYSE: SCCO). He believes that Southern Copper's yield is safe.

For Nordic American Tanker (NYSE: NAT), he said, "I'm not recommending any tankers. No, no, no, no, no."

Jim said that he “still likes Linn Energy (NASDAQ: LINE).” He added, “Oil and gas is coming down but I'm not as big a bear as other people."

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