It's that time again! Jim Cramer rang the lightning round bell, which means he gave his take on callers' favorite stocks at rapid speed:
Halliburton: "I don't want to recommend any oil stocks right now. I think that oil's going to $42 and all these stocks will be cheap. I've been telling that to the [ActionAlertsPlus.com] club members. I'm going to repeat that here."
Juno Therapeutics: "Look, that's one of the high-risk immunotherapy stocks. They're high-risk and they're high-reward. If you can handle that in some of your Mad Money portfolio, I bless it."
Merit Medical Systems: "This is a medical device company that I like. You know I like that group. I do think we should be a little more conservative. There's some more traditional ones like a Medtronic, but that's OK. I like Mazor [Robotics] and I also like Intuitive [Surgical]. There's a threefer."
Bemis: "BMS is coming down. I think that people didn't like the quarter. I think it's a very great, long-term company. By the way, the symbol BMS is often thought of as being 'Buy My Stock.'"
Novartis: "Novartis is good. You don't want to sell Novartis. They're doing incredibly well. If anything, I'm interested in buying it if I can get it below $80."
Landstar System: "You know what, I prefer XPO Logistics. The stock's coming in here and I think that [CEO] Brad Jacobs is doing a really terrific job. Let's go with that one."
Prudential: "Very solid stock. I'm going to give you a threefer: I like PRU, I like Chubb – I really like Chubb a lot – and I like Travelers. By the way, HIG's moving up really well, too."
Coupa Software: "We like Coupa Software. We think that they're doing terrific things, and I refer people to the archives. It was a great interview, I thought."
Sirius Radio: "I like Sirius. A lot of people are saying, 'Listen, that last quarter wasn't that good.' I didn't see it that way. I think it's fine. Buy half now, see if it goes under $5, and in what I think it is going to be an unfortunately negative sell-off, then buy the rest."
Chicago Bridge & Iron: "You know I haven't liked it for a long time, and even though it looks like it's so cheap down here at $9, down almost 70 percent, I'm sorry. I don't have a catalyst to turn this stock around."
Watch the full lightning round here:
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