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:
Cyberark Software: "Look, payments processing whether it be a Paypal or a Mastercard, and cybersecurity whether it be a Cyberark or a Fortinet, Proofpoint or Palo Alto — they are all growing fast but right now they are out of favor. I think they will come back in favor. I do not want you to sell Cyberark. By the way, that was a stock again that was hurt by the Icahn sell-off that shouldn't have been."
Greenhill & Co: "With Goldman Sachs down so much, why do we have to mess around? Goldman Sachs is back at its book-value price. Let's do some Goldman. The window is closing for the selling soon, too. I think Goldman Sachs is a better buy."
Reynolds American: "I'm always so reluctant to recommend tobacco companies, but my favorite is the old Philip Morris, which is Altria. Again, I'm queasy about it. But I know that Altria is a winner."
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Alaska Air Group: "I'm not sure about the merger, it kind of worries me. American was upgraded today and at one point it was flying high and then they just pancaked it ... I'm saying that Southwest is the one to be in."
Whole Foods Market: "We recommend stocks on a fundamental basis, not a take-out basis. I think Whole Foods is fine. I've got to see their next quarter, but I like the transition to the new store format."
Red Robin Gourmet Burgers: "I am worried about the burger group. I think there is a burger war going on and it's Easterbook [McDonald's CEO] that is taking no prisoners. Everyone else is being hurt by him. I say stay away."