Lightning Round: Don't worry about this biotech

Biomarin Pharmaceutical: "Jean-Jacques Bienaime is really fabulous. I'm not worried about that one, I'm not worried about Receptos. It's some of the smaller ones that I am concerned about."

ON Semiconductor Corp: "I like ON Semi, but it's not as highly rated for me as Skyworks, NXPI and Qorvo. Holy cow."

Frontier Communications: "I'm not crazy about it. It's got an 8 percent yield, it's going to trade flat line $5. A lot of analysts behind it just did a big equity offering, but I don't think there's that much upside other than that yield."

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Corning Incorporated: "I liked that upgrade today, and believe in it. I think Corning can start going higher. I think it's good."

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