Lightning Round: Jim Cramer Weighs In On Juno Therapeutics, Halliburton And More

On CNBC's "Mad Money Lightning Round", Jim Cramer said Juno Therapeutics IncJUNO is a high risk immunotherapy stock. He also thinks it has a potential for a high reward and he is willing to recommend it for investors who can handle high risk.

Cramer doesn't want to recommend Halliburton Company HAL or any other oil stock. He thinks crude oil is going to $42 and these stocks are going to be cheap.

Bemis Company, Inc. BMS is coming down because people didn't like the quarter, explained Cramer. He sees it as a great long-term company.

Cramer likes Merit Medical Systems, Inc. MMSI and the sector. He thinks Medtronic is a better pick and he also likes Mazor Robotics Ltd - ADR MZOR and Intuitive Surgical, Inc. ISRG.

Novartis AG (ADR) NVS shouldn't be sold, thinks Cramer. The company is doing well and he would buy more below $80.

Instead of Landstar System, Inc. LSTR, Cramer would rather buy XPO Logistics Inc XPO.

Cramer believes Prudential Financial Inc PRU is a very solid stock. He also likes Chubb Ltd CB and Travelers Companies Inc TRV.

Coupa Software Inc COUP is doing great things, said Cramer. He likes the stock.

Cramer likes Sirius XM Holdings Inc. SIRI. He thinks the quarter was good and he would buy some now and add to the position, if it trades to $5.

Cramer can't recommend Chicago Bridge & Iron Company N.V. CBI as a buy because he doesn't see a catalyst that could turn the stock around.