Jim Cramer Shares His Thoughts On Johnson & Johnson, Nike And More

Jim Cramer said on CNBC's "Mad Money Lightning Round" he likes Johnson & Johnson JNJ.

Pure Storage Inc PSTG is a buy, thinks Cramer. He added that the company has a very smart management.

Cramer isn't a buyer of Frontline Ltd FRO. He has never liked the very large crude carriers.

Gulfport Energy Corporation GPOR isn't high enough quality for Cramer. He thinks the stock is way down in the food chain. He would buy Schlumberger Limited. SLB instead.

Cramer isn't willing to recommend the components players that go into Apple AAPL. He isn't a buyer of Cirrus Logic, Inc. CRUS.

Foot Locker, Inc. FL is all right, said Cramer. He prefers Nike Inc NKE.

Cramer thinks Insperity Inc NSP is a buy. He has been recommending it for ages.

Cramer isn't a buyer of Preferred Apartment Communities, Inc. APTS. He sees the 7 percent yield as a red flag and he doesn't like multi-family segment.