Mad Money Lightning Round: Jim Cramer Tells Traders To Stick With SKX, ONNN

In his Wednesday’s “Mad Money Lightning Round,” Jim Cramer said that shares of Boeing BA soared ahead of earnings; but are falling after the company posted an impressive quarter. He advised traders to let the stock fall further and then go in for a buy. BA’s shares gained 0.19% in after hours, after falling 1.89% yesterday. Jim mentioned that Skechers USA SKX has reported impressive results for the previous quarter. He advised traders to stick with the stock as “the show revolution is for real." SKX jumped 9.60% in after hours. When asked about Range Resources RRC, Cramer said, "That's a tortured situation that is starting to turn around. I think the selloff is overdone, but no one wants to own it.” He told investors that he preferred Devon Energy DVN or Chesapeake Energy CHK instead. While RRC added 1.02%, DVN gained 0.62% in after hours. Jim mentioned that ON Semiconductor ONNN is a stock that has been erratic for a while now. He, however, urged traders to hold the stock as it is likely to bounce back in the fall. Shares of ONNN added 0.71% in after hours trading. When asked about McAfee MFE, Cramer disclosed that he disliked security tech stocks. “I like parts that go into smartphones. That's where the tech big money is," he added. MFE’s shares fell 1.38% in after hours after declining 2.57% in yesterday’s trading. To see more trading ideas, click here.