Lightning Round: Jim Cramer Gives His Opinion On Kellogg, Marriott And More

Jim Cramer said on CNBC's "Mad Money Lightning Round" that Kellogg Company K is like a bond because it has a 3 percent yield and no growth. He added that it has a nice balance sheet and he isn't concerned about the stock.

Instead of Carvana Co CVNA, Cramer would rather own CarMax, Inc KMX.

Cramer wouldn't buy Mallinckrodt PLC MNK. He is concerned about lawsuits and he wants to stay away.

Investors who own NXP Semiconductors NV NXPI shouldn't tender to the bid from QUALCOMM, Inc. QCOM because the price should be higher. His charitable trust owns the stock.

Cramer likes Marriott International Inc MAR and he would hold a long position in the name.

Xerox Corp XRX got an upgrade on Monday and Cramer would hold the stock, but he doesn't see a great momentum there.

Ionis Pharmaceuticals Inc IONS just keeps going higher and Cramer would stay long.