It's that time again! The Lightning Round bell has rung, and Jim Cramer gives his take on a few favorite audience stocks:

Trimble Navigation Limited: "I do prefer Garmin if you want to be in that game."

KKR & Co: "I like KKR and I like Blackstone. Those are the two I recommend, and I like the yield, and I think they're good for it. They're very good managers."

JDS Uniphase: "They need to listen to me and break up into pieces. Like Manitowoc did tonight and therefore bring out some value. JDSU—bring out the value."

Array Biopharma: "That thing already had its big move. They did that acquisition and its up 57 percent. I think it's time to do a little schnitzeling."

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Pilgrim's Pride Corporation: "I have to admit I like Tyson a little more that the grain price is coming down. But they're okay."

Alliant Techsystems: "I have liked this, I have also liked Northrup Grumman which had a monster good quarter along with Lockheed Martin. The defense stocks are so, so fabulous. I want you to long that stock."

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