Lightning Round: Cramer's most loved stock

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

Northrop Grumman Corporation: "I love Northrop Grumman...This one and Lockheed Martin are really good."

American Campus Communities: "We like this one very much. We backed it once during a major sell off, and it's still not back to its all time high."

Service Corporation International: "It's a consolidated industry, that's what we liked about it. Just like the airlines have consolidated, I think that it goes higher. I wouldn't sell it."

Canadian National Railway: "People think that Canada is slowing down because of oil, but I do like CNI."

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PPG Industries: "I don't know when the stock will split. But I do think the stock can go substantially higher. Why? Because they make paint, and paint is a big beneficiary to the lower price of oil...I think the stock is stuck right here in the $200s and it's going to the high $200s.

Qualcomm: "I prefer Intel, frankly. I don't want that Chinese exposure."

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