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Lightning Round: Snap this up before rates rise

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

Ventas Inc: "Well if you're talking about Debra Cafaro, she's one of my 21 bankable CEOs. You want to buy that stock on any weakness, and you very rarely get it. Take advantage of it now, because rates are going higher."

Walgreens Boots Alliance: "My charitable trust owns this, and I am tempted to take a profit in it. Why? because it is up so much. It has got a great situation going, so we have not done that yet. I feel like we are being greedy."

Zulily Inc: "I got too excited about this. I thought it was going to be great, and then I had to pull back when it was very clear that it was not the next Amazon. The management there had really made a compelling case to me that they had a great growth path. Now the growth path has slowed down and you can't touch Zulily."

Read more from Mad Money with Jim Cramer

Cramer: How to play Apple and make a fortune
Schultz to Cramer: The key Starbucks' success

Qihoo 360 Technology Co Ltd: "We are not recommending any Chinese stocks right now. None of them. We feel like that market has gotten overheated and the economy there is weakening, as opposed to strengthening."

Exelon Inc: "We don't like utilities right now because we think rates are going to higher. That is one that we would not necessarily buy. If we are going to buy one, we are going to buy Dominion because that is our favorite. Maybe after that we would buy AEP."

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