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:
Charles Schwab: "I like the stock of Schwab. I think that rates are going higher and that's very good for them."
Essent Group: "It's mortgage insurance, which I think has been historically a good business. I like it."
Cara Therapeutics: "I believe in Cara. We had them on. Unfortunately, the stock has done absolutely nothing, but I do believe in them and I think the drug is a good one – the anti-itch part especially. So I'm sticking with it."
MGM Growth Properties: "I like that, too. I happen to be a big fan of what [Chairman of the Board] Jim Murren has put together. I like it very much."
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