From MeetMe To JC Penney: 8 Calls From Cramer

CNBC's Jim Cramer quickly overviewed a handful of names during Thursday's edition of "Mad Money."

Here is what Cramer had to say:

1. FirstEnergy Corp. (NYSE: FE) is a "low quality" stock and investors should alternatively consider Dominion Resources, Inc. (NYSE: D) and "maybe" Consolidated Edison, Inc. (NYSE: ED).

2. JetBlue Airways Corporation (NASDAQ: JBLU) is clearly not on the top of Cramer's list among airline stocks to buy. "Nope, nope, nope, nope and nope," he said while suggesting Delta Air Lines, Inc. (NYSE: DAL) is a better investment and his "favorite" airline stock to own is Southwest Airlines Co (NYSE: LUV).

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3. MeetMe Inc (NASDAQ: MEET)'s stock has gained more than 60 percent since the start of the year, but Cramer acknowledged this is a company that he does not know — but will look into.

4. Altria Group Inc (NYSE: MO) is a "best-of-breed" with a decent yield. However, Crammer doesn't recommend owning tobacco stocks, "because I don't like the breed."

5. Ellie Mae Inc (NYSE: ELLI) is a "fantastic story" and a stock Cramer is considering to buy for his charitable trust.

6. Encana Corp (USA) (NYSE: ECA) is "making a comeback," but as a "high quality" guy, Cramer prefers Occidental Petroleum Corporation (NYSE: OXY).

7. Magna International Inc. (USA) (NYSE: MGA) isn't generating "a lot of good growth" and Cramer demands growth when buying a stock.

8. J C Penney Company Inc (NYSE: JCP) is a "terrific buy" under $10 a share and its CEO Marvin Ellison is "doing a great job."

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