On CNBC’s "Mad Money Lightning Round," Jim Cramer said Lantheus Holdings Inc (NASDAQ:LNTH) has been a "rocket ship, but it’s now a little over-valued."

When it comes to insurance, Cramer said he likes Chubb Limited (NYSE:CB) over American International Group (NYSE:AIG).

The "Mad Money" host said Canopy Growth Corp (NASDAQ:CGC) will be a great company once cannabis is nationally legalized. "I don’t know if it’s going to happen in my lifetime, that’s the problem,” he added.

When asked about Chord Energy Corp (NASDAQ:CHRD), Cramer said Devon Energy Corporation (NYSE:DVN) is a "better bet."

Cramer recommended buying Equitrans Midstream Corporation (NYSE:ETRN).