Jim Cramer Weighs In On Fitbit, Qualcomm And More

On CNBC's "Mad Money Lightning Round," Jim Cramer said that Alcoa Corp AA traded higher because aluminum prices are up. He added that he would hold Arconic Inc ARNC because he thinks that it might be for sale.

Petmed Express Inc PETS dropped 5 percent Wednesday, but Cramer thinks it is all right. He likes IDEXX Laboratories, Inc. IDXX in the space.

Fitbit Inc FIT is not Cramer's favorite stock. He said it is trading a dollar and a half up and a dollar down.

Cramer said he has not been a fan of QUALCOMM, Inc. QCOM since the company started to fight with Apple Inc. AAPL. He added that the dividend is great, but he would own it only with 55 strike calls.

Cramer is not crazy about Walgreens Boots Alliance Inc WBA any more. He would not sell AbbVie Inc ABBV, because he sees more upside in the name. He likes its pipeline.