Cramer's lightning round: I don't want to recommend any oil stocks right now
It's that time again! Jim Cramer rang the lightning round bell, which means he gave his take on callers' favorite stocks at rapid speed:
Halliburton (NYSE: HAL): "I don't want to recommend any oil stocks right now. I think that oil's going to $42 and all these stocks will be cheap. I've been telling that to the [ActionAlertsPlus.com] club members. I'm going to repeat that here."
Juno Therapeutics (NASDAQ: JUNO): "Look, that's one of the high-risk immunotherapy stocks. They're high-risk and they're high-reward. If you can handle that in some of your Mad Money portfolio, I bless it."
Merit Medical Systems (NASDAQ: MMSI): "This is a medical device company that I like. You know I like that group. I do think we should be a little more conservative. There's some more traditional ones like a Medtronic (NYSE: MDT), but that's OK. I like Mazor [Robotics] (Tel Aviv Stock Exchange: MZOR-IL) and I also like Intuitive [Surgical] (NASDAQ: ISRG). There's a threefer."
Bemis (NYSE: BMS): "BMS is coming down. I think that people didn't like the quarter. I think it's a very great, long-term company. By the way, the symbol BMS is often thought of as being 'Buy My Stock.'"
Novartis (Swiss Exchange: NOVN-CH): "Novartis is good. You don't want to sell Novartis. They're doing incredibly well. If anything, I'm interested in buying it if I can get it below $80."
Landstar System (NASDAQ: LSTR): "You know what, I prefer XPO Logistics (NYSE: XPO). The stock's coming in here and I think that [CEO] Brad Jacobs is doing a really terrific job. Let's go with that one."
Prudential (NYSE: PRU): "Very solid stock. I'm going to give you a threefer: I like PRU, I like Chubb (NYSE: CB) – I really like Chubb a lot – and I like Travelers (NYSE: TRV). By the way, HIG's (NYSE: HIG) moving up really well, too."
Coupa Software (NASDAQ: COUP): "We like Coupa Software. We think that they're doing terrific things, and I refer people to the archives. It was a great interview, I thought."
Sirius Radio (NASDAQ: SIRI): "I like Sirius. A lot of people are saying, 'Listen, that last quarter wasn't that good.' I didn't see it that way. I think it's fine. Buy half now, see if it goes under $5, and in what I think it is going to be an unfortunately negative sell-off, then buy the rest."
Chicago Bridge & Iron (NYSE: CBI): "You know I haven't liked it for a long time, and even though it looks like it's so cheap down here at $9, down almost 70 percent, I'm sorry. I don't have a catalyst to turn this stock around."
Watch the full lightning round here:
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