On CNBC's "Mad Money Lightning Round", Jim Cramer said Owens Corning (NYSE:OC) is related to housing and it has been wrecked by the Fed. Mortgages rates went up too fast, said Cramer.

Hormel Foods Corp (NYSE:HRL) had a really good last quarter and Cramer likes the stock.

Cramer also likes Blackstone Group LP (NYSE:BX) and its 9 percent yield. He has faith in the company.

TherapeuticsMD Inc (NASDAQ:TXMD) is a speculative stock, but Cramer is willing to give his blessing to investors who want to speculate.

Cramer would buy Palo Alto Networks Inc (NYSE:PANW) because he sees a lot of cybersecurity risks.

ABIOMED, Inc. (NASDAQ:ABMD) is a good company, but Cramer thinks that Medtronic PLC (NYSE:MDT) is a little bit safer.

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