Jim Cramer Weighs In On Exxon, Delta Air Lines And More

On CNBC's "Mad Money Lightning Round," Jim Cramer said Kohl's Corporation KSS is a heavily shorted stock, but that doesn't make a lot of sense. He knows the quarter won't be great, but he wants to buy the stock.

Exxon Mobil Corporation XOM is no longer Cramer's favorite, but he thinks you're not going to get hurt buying the stock as it has a 4-percent dividend yield. He prefers Chevron Corporation CVX.

Delta Air Lines, Inc. DAL is a very cheap stock at eight times earnings, said Cramer.

Cramer is concerned about Allergan plc's AGN business. He needs to see some earnings momentum and the approval of the drug against the migraines.

Cramer is not willing to endorse Arrowhead Pharmaceuticals Inc ARWR for anything other than speculation.

The shorts who have been going against Wayfair Inc W forever have been dead wrong, said Cramer. He added that the stock is expensive, but he is not willing to go against it.

Varonis Systems Inc VRNS is data management security stock, explained Cramer. He is willing to recommend pretty much every cybersecurity stock, but his favorite is Palo Alto Networks Inc PANW.