U.S. Markets closed

Cramer's lightning round: Some profit-taking won't hurt you with this gaming play

Elizabeth Gurdus
Source: CNBC

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:

Penn National Gaming (NASDAQ: PENN): "You've got a really good gain there. The stock is up 34 percent for the year, you know, and I think there's nothing the matter with schnitzeling a little. Take some off, let the rest run. Don't forget Wynn (NASDAQ: WYNN) is my favorite in that group, but MGM (NYSE: MGM) has come down a lot and seems to have bottomed."

KeyCorp (NYSE: KEY): "Here's the problem with Key. A lot of people feel if we don't get two rate increases, the stock's going to go down. That just says more grist for the mill. I want to buy more Key. I think Key is terrific."

TherapeuticsMD Inc. (NYSE MKT: TXMD): "They just had some great Phase 3 data for the vasomotor. I think that they should come back on because [those were] really some terrific numbers. It bucked the trend for biotech."

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? madcap@cnbc.com

More From CNBC