Cramer's lightning round: Buy this stock as a defensive play

• 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.

Norwegian Cruise Lines: "I like Norwegian Cruise Lines. It had a good quarter. The group is looking up, I think it's a good place to be."

MGP Ingredients: "That's a refinery and distillery. It's a really good company."

Valley National Bancorp: "It's a regional bank that I do like. It's very cheap."

American Water Works Company: "It is a defensive play. It's doing quite well. I like it. It's not that cheap, but it does have the defensive characteristics."

Watch the full lightning round

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? [e-mail]