Cramer Advises Viewers On Peloton, Vale And More

On CNBC's "Mad Money Lightning Round," Jim Cramer said NextEra Energy Inc NEE is the fastest-growing growth utility. If you want a growth utility that is the one.

Cramer likes Peloton Interactive Inc PTON, but it has runway up too high. He thinks it could trade even higher, but he doesn't like the risk-reward.

Fulgent Genetics Inc FLGT is a little bit spec, believes Cramer. The diagnostics is incredibly hot right now, but Cramer prefers old-fashioned diagnostics like Abbott Laboratories ABT and Thermo Fisher Scientific Inc. TMO.

Cramer is not a buyer of Telefonaktiebolaget LM Ericsson ERIC.

He is also not a buyer of Hannon Armstrong HASI because he doesn't like the credit market right now.

Splunk Inc SPLK is pretty good, said Cramer.

The market currently doesn't like the defensive stocks like Clorox Co CLX, said Cramer. He can't pound the table right now.

Cramer can't recommend Vale SA VALE. He has better stocks in the space.

Trade Desk Inc TTD is the kind of the multiple-to-sales stock that is going to get hurt by the flood of the IPOs, said Cramer.