If we see another pullback, buy oil stocks

• “Mad Money” host Jim Cramer reveals which oil plays could be worth eyeing.
• Cramer also hears from the CEOs of Rent the Runway, Union Pacific and Micron.
• In Cramer’s lightning round, he explains why investors should steer clear of housing stocks.

In Cramer’s lightning round, he rattled off his take on callers’ favorite stocks:

Beacon Roofing Supply: “They missed the quarter. A lot of these companies missed their quarter. Can they come back? Yes. Would I sell them now? I don’t know. I mean, the problem is that Toll Brothers reported a pretty good quarter and everybody hated it. Anything housing right now is going down, so I want to be careful.”

Sprint Corporation: “I think T-Mobile has much more upside at $57. I think T-Mobile is the one you want to own, not Sprint.”

Disclosure: Cramer’s charitable trust owns shares of Schlumberger, Amazon and Raytheon.

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