On CNBC’s "Mad Money Lightning Round," Jim Cramer said Johnson Controls International plc (NYSE:JCI) is very cheap.

When asked about Principal Financial Group, Inc. (NYSE:PFG), Cramer said, "I don’t think they’ll set the world on fire, but they’re okay."

Pitney Bowes Inc. (NYSE:PBI) isn’t working, he noted.

Cramer said he doesn’t like PG&E Corporation (NYSE:PCG). He recommended the caller to cut his shares in half, and take the profit.

When asked about Steel Dynamics, Inc. (NASDAQ:STLD), Cramer said Nucor Corporation (NYSE:NUE) is better than the former.

When asked about Rite Aid Corp (NYSE:RAD), he noted, "Best of breed is CVS Health Corporation (NYSE:CVS)."

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Photo: Courtesy of Scott Beale on Flickr