Cramer's lightning round: I'd rather you own Teva sandals than Teva Pharmaceuticals

  • It's that time again! "Mad Money" host Jim Cramer rang the lightning round bell, which means he gave his take on callers' favorite stocks at rapid speed.

Teva Pharmaceutical Industries Ltd.: "I don't want you to touch it. I'd rather you have Teva sandals than Teva Pharmaceuticals."

Kemet Corporation: "That's a cheap stock. I think that's a cheap stock. Now, I don't have a catalyst, but I like it. And that's the kind of stock that would be working. I'm surprised it's this low."

Lumentum Holdings Inc.: "No. Too dicey. I prefer Finisar after Apple's anointment."

Snap Inc.: "No, I'm staying away from Snap. Charitable trust owns Facebook. Happy with that."

Applied Materials, Inc.: "I like Applied Materials. I've got to tell you that the charitable trust, we debated it, but we already have so many semiconductors. But it is good."

Okta Inc.: "We just had Sanjay Poonen on last night for VMware. We're not going to Okta, we're going to VM."

Watch the full lightning round here:

Disclosure: Cramer's charitable trust owns shares of Apple and Facebook.

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