On CNBC's "Mad Money Lightning Round," Jim Cramer advised a viewer with a long position in Sesen Bio Inc (NASDAQ:SESN) to take some off the table.

Cramer wants to stick with Louisiana-Pacific Corporation (NYSE:LPX).

People should have room in their portfolios for Gevo Inc (NASDAQ:GEVO) because green chemicals are the future, said Cramer.

He would stay away from Nikola Corporation (NASDAQ:NKLA) and pick a different one.

Advanced Drainage Systems Inc (NYSE:WMS) is going to come down, but it is a good situation, said Cramer. It's just a nice, medium-sized-cap story about building and drainage, he added.

Marathon Oil Corporation (NYSE:MRO) is probably going higher, said Cramer. He prefers Chevron Corporation (NYSE:CVX).