These stocks bottomed last week

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

Zillow: "You have to get this merger closed. That's why it has been spiking here, you have to see it close. Because in the interim it is in limbo. And when it is in limbo is not where I want to see these two stocks trade."

Continental Resources: "My problem with Continental is that they took the hedges off at the wrong time. I think all of these stocks might have bottomed last week. I spoke to Prince Alaweed today and there is a very good chance that if oil goes down a little bit more, and I'm not sure that is the case, but if it is you want to own stocks with good yield. Royal Dutch, because that way you are protected by the dividend if I am wrong."

Juno Therapeutics: "Not yet. But I did like the fact that BioMarin priced a very big deal...the group will be fine. Let's see what Biogen and Celgene has to say first."

Micron Technology: "We've got some competition going on now with Micron and Sandisk. We are gravitating away from that. We like the -Spansion deal and then if Skyworks comes back we will look at that one."

Zynga: "It's got a new manager in there, and they've got a lot of cash. My favorite in the gaming business is take-two interactive."

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Teekay Tankers: "If you want to be in that tanker game, which I am not recommending, you want to be in Nordic American because the yield is at 8 percent and that is going to be backed up. A lot of people are selling futures against the tankers."

Brown-Forman Corp: "I've been recommending Brown-Forman since this show began. I do like it, though I have to tell you that there is a new king in town and it's Constellation Brands. That is first, and then I recommend Brown Forman."

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