Cramer's lightning round: Stocks in the crosshairs of Trump and China

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:

Gilead Sciences: "Bruce Kamich who does the technical work at RealMoney.com said it looks like that stock's finally washed out. I've been waiting for that, I think it is being washed out. I would not sell the stock, I am more inclined to buy it."

PolyOne Corporation: "I like the chemicals here, but I am partial to Dow Chemical because I like the yield and I like the balance sheet."

Banc of California: "I got so many banks that I think are inexpensive, I'm not going to go there, sorry."

McDermott International: "The symbol says it's MDR, and it had murdered people for a long time but no longer. This is an infrastructure play, infrastructure is back and it's better than ever. Sorry, I'm concerned and I want to play it with General Electric."

Cyberark Software: "A very profitable company, it's in cybersecurity."

Potash Corp of Saskatchewan: "I think that Potash has had a big run. Now, if we want to play ag you know what we do, we play Agco because of Martin Richenhagen [CEO]. Cheap stock and he's in there buying it back."

Wynn Resorts: "Wynn, the problem here is that we've got a Chinese cross-current, which is why even though we like Steve Wynn [CEO] and think he's great, we've been recommending MGM. That's Jim Murren's [CEO] stock, he was on last week. I reference that because I thought he acquitted himself quite well on the National Harbor's new casino, excellent."

Transocean Ltd: "Transocean does offshore drilling, not onshore like Helmerich & Payne or Noble. Therefore, that is concerning me. Oil at $55 does not get new projects done, so I think that RIG, don't buy."

Smith & Wesson: "I've got to tell you, I think this stock is too cheap down at $21. A lot of people feel that there won't be new gun legislation and gun legislation really drives things. I think Smith & Wesson is a fine company. No one ever got hurt owning these vice stocks, strange as that is. Smith & Wesson is a win, I want to buy it here."

Ford Motor Company: "I think Ford's good, but I have to admit that GM's got more momentum. Why? They also have China, I think GM is doing a little bit better job than Ford. Ford is indeed in the crosshairs of President-elect Trump."

Questions for Cramer?
Call Cramer: 1-800-743-CNBC

Want to take a deep dive into Cramer's world? Hit him up!
Mad Money Twitter - Jim Cramer Twitter - Facebook - Instagram - Vine

Questions, comments, suggestions for the "Mad Money" website? madcap@cnbc.com