Mad Money Lightning Round: Cramer Advises Investors To Buy Peabody Energy (PG, RTN, ARRS, BTU, TRGL, NG, PAY, CSCO, EMC, MDT, GGC)

On CNBC's Mad Money, Jim Cramer said during the Lightning Round that Procter & Gamble PG is “at a level that I'm really interested in. You need to buy in at the right level and get out at the right level. I'd pull the trigger." For Raytheon RTN, he said, "I think you wait a couple days, then ring the register on half your position. The markets are worried about President Obama's defense spending cuts." Cramer said that Arris Group ARRS is “just too inconsistent” for him. For Peabody Energy BTU, he said, "I think coal is in a multi-year bull market. I'm a believer." Jim believes that Toreador Resources TRGL is a “really good stock.” He added, “I'd buy some right here." For NovaGold Resources NG, Cramer said, "The gold stocks are marking time. I like it very much; I'd buy more on a pullback." Jim said that VeriFone PAY is a “good stock and I think it goes higher." For Cisco Systems CSCO, Cramer said, "I do not care for Cisco. I can't dump it at $17 but you'd be better off owning a EMC EMC than a Cisco." Jim said that he “missed the move in Georgia Gulf GGC.” He added, “I can't come in here. I need to wait for a pullback." For Medtronic MDT, he said, "There's nothing special there. It's probably three up and one down. If that's good enough for you, go for it." Read more on Jim's Views On Benzinga