On CNBC’s "Mad Money Lightning Round," Jim Cramer said Crescent Point Energy Corp (NYSE:CPG) is an expensive stock, and with Devon Energy Corporation (NYSE:DVN) now losing 25 straight points, he recommended buying the latter stock.

Cramer recommended buying Flex Ltd (NASDAQ:FLEX) as it’s "such an inexpensive stock."

When asked about Barrick Gold Corp (NYSE:GOLD), Cramer said, “Dollar got strong, gold got crushed. However, he still considers gold as good but it’s a "hedge, in the same way that I like oil."