On CNBC's "Mad Money Lightning Round," Jim Cramer said that Hercules Capital Inc (NYSE:HTGC) is like a venture fund, but we don't know what it owns.

Cramer is not a buyer of Caleres Inc (NYSE:CAL). He said that footwear is right in the crosshairs of the whole world and he sees it as a take the money and run situation.

Cognex Corporation (NASDAQ:CGNX) is a company that actually makes things and it should be celebrated, said Cramer. He likes the stock.

Cramer prefers Constellation Brands, Inc. (NYSE:STZ) over Anheuser Busch Inbev NV (NYSE:BUD).

Instead of Nio Inc - ADR (NYSE:NIO), Cramer would buy Tesla Inc (NASDAQ:TSLA).

Noble Energy, Inc. (NASDAQ:NBL) is a good company and it has some good assets, but it is an oil company, said Cramer. He would rather be in something that has more growth.

Frontline Ltd (NYSE:FRO) is a trading vehicle and that is not Cramer's style. He prefers investments.

Cramer doesn't want to go against Draftkings Inc (NASDAQ:DKNG). He wants to go with the rally.