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:
KKR & Co: "We need a better IPO market so they can bring public some of the stocks that they have, and I think we are going to get it. So, therefore I think buy."
Fiesta Restaurant: "They seem to have lost a little bit of momentum. The stock is a little bit high in price. Let's listen to what Yum has to say tomorrow. You know I think that one is good, I said buy a little before and maybe buy some after."
Splunk: "I like Splunk. ServiceNow reported this evening, they did a great job. The stock is screaming, and I think Splunk could be good, too."
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Ford: "You want a dividend? Ford is the one. I think it's terrific, it's got a special dividend. GM fine, too. They don't have as much momentum as I like, but they do have that good yield."
Kroger: "That's tough. We saw a note this morning saying that with Kroger we shouldn't be worried about food deflation. The stock has gotten cheap, that's true. My problem is that I didn't like the Roundy's acquisition, and the stock has been doing OK not great. I prefer at these prices Whole Foods at $30. Kroger you don't have to sell it, it's a hold."
BP: "I am not going to be in favor of that, I'm not recommending many of the fossil fuel stocks. That one has had its share of problems. Let's stay away, though I've got to tell you, at a certain point someone is just going to go buy the darned thing. I just don't know when that is going to happen."
Exact Sciences Corporation: "That was one that had one good product. This is the product that tests for disease, not to be more graphic than that, and I think it's kind of played out frankly and I'm not going to go back to it."
Illumina: "Illumina reported a missed quarter. It was a very bad quarter even by their own admission, and some degree out of Europe. I think they are losing share to Thermo Fisher Scientific, TMO, and perhaps even to General Electric, which reports Friday."