Jim Cramer Shares His Thoughts On Nike, Huami And More

On CNBC's "Mad Money Lightning Round," Jim Cramer said Nike Inc NKE had one of the best quarters that he has seen in ages. He thinks the stock is going higher.

Instead of Huami Corp HMI, Cramer would rather buy Apple Inc. AAPL because he sees it as the only device company worth owning.

KEMET Corporation KEM is incredibly undervalued, said Cramer. He would be a buyer.

Cramer doesn't like the textile business so he doesn't want to buy Hanesbrands Inc. HBI. He knows it's a good company and it has a good yield, but he needs growth.

A lot of people are short Enphase Energy Inc ENPH, said Cramer. He finds the stock incredibly speculative.