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Cramer's lightning round: This telecom's quarter was less than impressive

Elizabeth Gurdus
Source: CNBC. Jim Cramer rattled off his take on callers' favorite stocks, including a device play fielding rumors of a buyout.

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:

Sprint (NYSE: S): "It was just an OK quarter. It was not a great quarter. They have to put up more towers, it just wasn't a great quarter. I don't know any other way to put it other than it was not a great quarter. I prefer T-Mobile (NASDAQ: TMUS) to Sprint."

Thermo Fisher Scientic (NYSE: TMO): "Thermo Fisher had a remarkable quarter, it's a fantastic instruments company. I think it can go to $200."

Range Resources (NYSE: RRC): "Well, you know what, that's natural gas. We need these pipelines to start pumping it to the East. It's not. It's going to the South. I don't want you to sell it. It's too low."

Western Digital (NASDAQ: WDC): "OK, we took a little off the table for the club because we had a gain. Letting the rest run. Why? Because I genuinely believe that it still will be part of this Toshiba mix, and that's how you're going to get the next leg. But I think selling some is good because no one ever got hurt taking a profit. Let the rest run."

Kohl's (NYSE: KSS): "OK, Kohl's is going to report this week and I think Kohl's is going to do better than people think. Kohl's is a buy."

MaxLinear (NYSE: MXL): "I see the gross margins as good, I see the numbers as good. Better than expected. Look, it's not Nvidia (NASDAQ: NVDA). By the way, remember what we said about Nvidia. There was nothing wrong with the company. It was the analysts and the chartists. There was nothing wrong. I reiterate: there's nothing wrong with Nvidia, and that's why it's up big."

NetEase (NASDAQ: NTES): "The only Chinese stock I'm recommending is Alibaba (NYSE: BABA). That's the one I feel most confident about with the financials."

Universal Display (NASDAQ: OLED): "At $50 we started liking it, and I am not backing away from it even up here. And remember, they could be involved with both Samsung and Apple. I mean, this is just a really, really good company."

NCR Corporation (NYSE: NCR): "I think that [CEO and Chairman] Bill Nuti has done a good job there at NCR. I think that it's a good company, it's not an expensive stock, and I would be a buyer of it."

Washington Prime Group (NYSE: WPG'I): "Man, that thing acts so bad. Shopping centers, you know what, it's a no-go. It's just a no-go. I'm not going there. I'm just not."

Allete Inc (NYSE: ALE).: "Yeah, you hold it. It's got a good yield, it's got a good balance sheet, it's a good company. What can I say? You want income, that's the way to go."

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