Cramer’s lightning round: I’m sticking with Bausch Health

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Tredegar Corp: “I remember when they became public. I was involved in the deal. I thought it was terrific then, I think it’s terrific now.”

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Bausch Health Companies Inc: “Joe Papa’s going to split into three companies, and I happen to like all three companies. I think it’s going to work. … I’m sticking with Joe. Joe’s a money maker.”

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Diodes Inc: “Very inexpensive semiconductor company, and the semiconductor stocks are hated right now. I think you have to wait until one of the semis, the big guys, really does poorly, and then you can buy this.”

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Warner Bros. Discovery: “I think you’re going to have to take pain [if you own the stock].”

Disclosure: Cramer’s Charitable Trust owns shares of Bausch Health.