Cramer's lightning round: Freeport-McMoRan is a nice hedge on this market
Freeport-McMoRan : "I like FCX. I think it's fine. Gold and copper will do well. It's a nice hedge on the rest of the market."

Corning Incorporated : "I do like the company very much. The stock has not been acting very well, but I'm going to bless it."

Kindred Healthcare : "The only one I'm recommending that's somewhat in that sector would be Ventas . [CEO] Deb Cafaro, I think she is money good. It's a 6.27 [percent] yield. I really think that that's the right level. I know people don't like the group, but that's the one I like."

McDonald's : "Forget the calls. I like [CEO] Steve Easterbrook. I would just go buy the common [stock]. I'm not going to recommend calls on this show."