Lightning Round: Jim Cramer Weighs In On Pure Storage, Boeing And More

On CNBC's "Mad Money Lightning Round", Jim Cramer said that Pure Storage Inc PSTG had an excellent quarter and the stock is still undervalued.

Cramer is a buyer of Boeing Co BA, but he would buy some at the current price level and he would add to the position when it pulls back.

Chesapeake Energy Corporation CHK needs a cold winter, thinks Cramer. He added that the oil patch is not a place to be at the moment.

Cramer advised his viewer to hold a long position in Activision Blizzard, Inc. ATVI. He is trying to build a long position for his charitable trust because he thinks the stock is going to benefit from eSports.

Humana Inc HUM is a buy, but Cramer prefers UnitedHealth Group Inc UNH.

Hawaiian Holdings, Inc. HA is a great buy, said Cramer. He prefers Southwest Airlines Co LUV.

Cramer doesn't wants to touch Under Armour Inc UAA.

Apollo Global Management LLC APO is a good stock, thinks Cramer. He also likes KKR & Co. L.P. KKR and Blackstone Group LP BX.