Mad Money Lightning Round: Cramer Likes Telecom Argentina

On CNBC's Mad Money, Jim Cramer said during the Lightning Round that Paccar PCAR “reported bad numbers while Cummins CMI reported great numbers. Sell Paccar and pickup some Cummins." For Amerigroup AGP, he said, "I have to go with best of breed here and that's Aetna AET. They did a fantastic job over there." Cramer said that Baidu.com BIDU is the “only Chinese stock I'm recommending. That's one stock worth owning." For Oxford Industries OXM, Jim said, "No, no, no. You have VF Corp VFC, best of breed. You're playing with fire. Don't even think about it." For Transocean RIG, he said, "I've got Schlumberger SLB all the way down or Ensco International ESV. I don't need the Mocando exposure with Transocean." Cramer said that JC Penney JCP is “going to be a difficult company to fix, even for Ron Johnson. I'm going to wait two quarters.” For Telecom Argentina SA TEO, he said, "Argentina is a growth country. I think that's a great idea. Let's see if we can get it at a 5% yield." Cramer said, “I have tried to understand Ariba ARBA. I can't get my arms around it. I just don't understand how they make their money." For Waste Management WM, Jim said, "I'm sorry, that was a bad quarter. They need to come on the show, I can't recommend them just on yield." Read more on Jim's Views On Benzinga