It's that time again! Jim Cramer rang the lightning round bell, which means he gave his take on caller favorite stocks at rapid speed:
Wynn Resorts Limited: "I love Steve Wynn [CEO] I love what he has built, but MGM has got that balance between Macau and Vegas that I need. So MGM is the play."
Nucor Corporation: "If I had to recommend a steel company it would be Nucor, it yields 3.73, but I'm not going to because the metals and mining remain a very weak place. Look at KMT and what happened when they preannounced. It was down almost $5 today on a $25 basis."
Ford Motor Company: "It's still got a lot in Latin America. I don't like that, and I'm worried about auto sales peaking in this country. I'm not going to recommend the stock."
Cenovus Energy Inc: "That is not one of my favorites. It is down 37 percent [year-to-date]. Maybe we wait for a little bit of bounce as people start thinking maybe oil goes to $40 and then we sell, sell, sell."
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Oracle Corp: "I think Oracle is fine. I was looking at their add today with fast enterprise software. I happen to be more partial to Salesforce.com, but Oracle is a well run company that will do OK over time. I do prefer CRM and Accenture too, by the way, not that they are necessarily linked."
Enterprise Products Partners LP: "No, don't let it go. This is the most conservatively managed of the master limited partnerships that is really, really good and it will be exporting oil. I really don't want you to get rid of that thing. It's been pulled down by the giant ETF that is master limited partnerships, and it's so ugly out there, I know. It takes great courage, but I want you to hold on to it."
Teva Pharmaceutical Industries Ltd: "I'm not a big fan of the generic drug companies right here. I like what Allergan's doing, which is getting rid of them and merging with Pfizer."