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:
Applied Materials (NASDAQ: AMAT): "I like Lam Research, I like Applied Material, and I like KLA-Tencor. There's three for three!"
Criteo (NASDAQ: CRTO): "I think the stock's had an amazing run, but you know what that says to me? Don't buy. As a matter of fact, I would ka-ching, ka-ching, given the fact that … you don't want to be against Google and Facebook. Actually, more Google. They do good search management, I do like the company, but the stock's moved too much. Let's leave it that way."
Michael Kors (NYSE: KORS): "I think their numbers are coming lower still, because I think that that is absolutely one of the worst parts of the business, the accessories business. But it is down so much — wait for a bounce before you get rid of it."
Cameco (Toronto Stock Exchange: CCO-CA): "Oh, people want to be in this uranium so badly. You know what, this is just too speculative for this guy. Way too speculative."
Tableau Software (NYSE: DATA): "No, no, no, no, no, no, no. It's a faux cloud company, frankly. I'm not there for that one."
Applied Optoelectronics (NASDAQ: AAOI): "Optical semiconductors. I got a little nervous because of the Finisar [crash]. We're going to stay away from the group right now. It's had too big a move."
American Outdoor Brands (NASDAQ: AOBC): "I'm blown away by how badly the stock acts. I didn't think the quarter was that bad. What can I say? I liked it at $23, I can't tell you I dislike it at $19. Basically, I'm just kind of shocked that it's so bad. It's just not that bad a company. Holy cow."
Chicago Bridge & Iron (NYSE: CBI): "Look, I love infrastructure, but it's got to be delayed. Listen, we heard from Bill Sandbook from [US] Concrete, USCR. He said no spend until 2019. That's too long to wait. I say 'ka-ching, ka-ching' to Chicago Bridge & Iron."
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