On CNBC's "Mad Money Lightning Round," Jim Cramer said Block, Inc. (NYSE:SQ) reported a good quarter.

"My problem with it is I like the Mastercards and the Visas now. We're getting away from the crazy fintech's of old. We like the fintech's of new."

Archer Aviation Inc. (NYSE:ACHR) is "way too speculative for me. It's going to have to be on your dime."

When asked about Arbor Realty Trust, Inc. (NYSE:ABR), he said, "I'm going to have to say hard pass."

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When asked about Becton, Dickinson and Company (NYSE:BDX), he said. "If you bought it after that big shortfall, I think you'll be fine. The company is very reactive, and it will fix the situation, so I think you'll be OK."

"I don't recommend tobacco stocks," Cramer said when asked about Philip Morris International Inc. (NYSE:PM).

Price Action: Shares of Philip Morris fell 0.5% to close at $91.28, while Block fell 0.04% to $56.28 on Thursday. Becton, Dickinson gained 0.6% to settle at $235.07, while SolarEdge Technologies fell 4.4% to close at $76.52 during Thursday's session. Arbor Realty Trust stock declined 8.7% to settle at $12.24, while Archer Aviation fell 3% to close at $6.26 on Thursday.
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