KEY POINTS
  • 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.

BlackRock Inc.: "The stock got hit today, down $18. It's at the 52-week low. It's got some of the best people on earth working there. I am certainly not going to countenance selling [CEO] Larry Fink's stock at a 3 percent yield, so I say hold on."

Kratos Defense & Security Solutions Inc.: "No. This stock is up too much. We got a nice hit in this one and we are moving onto the next, so let's not do that. If you want a defense stock, I prefer Raytheon, which we tell club members is very good."