Jim Cramer's Lightning Round Picks (ARMH, PG, TNK, VMI, SPLS, PALM, DOW)

CNBC Mad Money's Jim Cramer announced that he will host a show on Tuesday in front of a live audience to celebrate the 5th birthday of Mad Money show.

On Friday he recommended investors stick with ARM Holdings plc (ADR) (NASDAQ: ARMH) as this stock is in the heart of the mobile internet tsunami. ARM Holdings (ARMH) gained 4.24% on Friday and it closed at $10.56.

The Procter & Gamble Company (NYSE: PG) will have a dividend boost and Jim Cramer recommends this stock as a buy. Procter and Gamble (PG) gained 0.03% on Friday.

Cramer thinks that Teekay Tankers Ltd. (NYSE: TNK) is a buy too. Teekay Tankers (TNK) added 1.89% on Friday.

Valmont Industries, Inc. (NYSE: VMI) should be sold according to Cramer. VMI jumped 0.49% on Friday.

Jim Cramer likes Staples, Inc. (NASDAQ: SPLS) and thinks it should be bought. He thinks that earnings were not so bad. Staples (SPLS) added 1.48% on Friday.

Palm, Inc. (NASDAQ: PALM) is a speculative play, says Cramer. He believes that PALM is OK, and thinks that it shouldn't be sold at these levels. PALM fell 4.19% on Friday.

The Dow Chemical Company (NYSE: DOW) will make a come back, believes Cramer. He added that DOW Chemical (DOW) made a tremendous transformation with its balance sheet. DOW jumped 1.49% on Friday.