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:

Smith & Wesson Holding: "I think that represents great value. I would be a buyer of that company right here."

Blackstone Group: "I feel pretty good about the prospects of the company."

Anika Therapeutics: "I like that company. I know it's a little speculative, but I have liked it. I think it's a good company. The stock is down on its luck right now, but it's OK."

Nordic American Tanker: "Nordic American is on IR [injured reserve]. I don't want to touch it. It's on IR."

Boston Scientific Corp: "That is the only healthcare stock that is still up. I think Boston Scientific is good after the election. I would pull the trigger."

Juniper Networks Inc: "Juniper preannounced better than expected numbers. If that stock comes in, bingo!"

Corbus Pharmaceuticals: "It's a very speculative stock. We talked to them the other day. It's kind of interesting but TheStreet.com has some coverage on it that makes it so it's a little skeptical."

Diebold: "I think that Diebold actually has a problematic situation developing ... No, I don't like that stock. They really have not delivered on their game plan."

Gilead Sciences: "They report next week. Maybe we can put in a bottom, but I don't see one happening right now."

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