Lightning Round: Jim Cramer Gives His Opinion On Oracle, Domino's, Pepsi, And More

Jim Cramer said on CNBC's "Mad Money Lightning Round" that Oracle Corporation ORCL is fine. He likes the buyback and the course of business.

Instead of Ally Financial Inc ALLY, Cramer would buy JPMorgan Chase & Co. JPM and Citigroup Inc C.

Cramer advised his viewer not to reduce her position in Charter Communications, Inc. CHTR. She has 10 percent of its portfolio in the stock and Cramer thinks that isn't too much.

Domino's Pizza, Inc. DPZ is doing well, said Cramer. He is a buyer of the stock.

Cramer doesn't like a lot of food stocks and he isn't willing to recommend Hormel Foods Corp HRL. He likes PepsiCo, Inc. PEP.

Magellan Midstream Partners, L.P. MMP is going to trade lower along with the other pipeline companies, believes Cramer. His charitable trust owns the stock. He explained that stocks with high dividend yield trade lower when interest rates increase, but he likes them.

Cramer likes e.l.f. Beauty Inc ELF, but in the current market he would only buy the best of breed, which is Estee Lauder Companies Inc EL.