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:
ConocoPhillips: "I'm not going to get rid of it here. I saw a downgrade of that, too. I mean, I've got to tell you, I think that stock is stuck in the middle of a range, but I don't want to do that trade again. Just own it."
Adobe Systems Inc.: "Well, man, that's a big position for my charitable trust. You can follow along at ActionAlertsPlus.com. The club knows that's one of my faves."
Annaly Capital Management Inc.: "I know the people at Annaly, and people tell me I should be not worried at all about their portfolio. It's been a winner. I don't know what's in the portfolio, but it is one of the better well-runs of that kind of a company that does bonds. Basically, it just plays the curve."
NeoPhotonics Corp.: "Look, we've seen Oclero go in and out, we saw Acacia go in and out. I mean, it's entirely possible [they can thrive in the 5G market space], but this space is too hard for me. I think it's too risky a space."
DryShips Inc.: "We do not recommend those stocks on this show. They are too volatile and they're just trades and I don't like them."
Viavi Solutions Inc.: "It's network-servicing-enabled. If you want to do that, I'd maybe look at analytics and Hewlett Packard Enterprise, H-P-E. I think that's one that my charitable trust owns, much less volatile, and I think it's a good situation. And it hit a 52-week high today."
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