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Cramer: This beaten down group is finally coming back

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:

Edwards Lifesciences (EW): "I like Edwards Lifesciences, because that new device makes it so they don't have to crater the chest cavity. They can insert a device. That stock is a good stock."

Five Below (FIVE): "It's got the same cohort as Dollar General and Dollar Tree, and it's doing just as well. I think therefore you are OK. I like the stock."

First Solar (FSLR): "I've been saying always that if you have to own a solar company, you should own First Solar. But you know what, in the end, I guess you didn't need to own any of them because it's really terrible. I can't give up on it down here. It seems inexpensive. It is inexpensive, but that group is under some tremendous price pressure."

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General Electric (GE): "I like GE. My charitable trust owns it, I think you should buy it. I'd pull the trigger here at $31 if nobody owns it."

Micron Technologies (MU): "I like Micron. It's down too much, I don't expect much from this quarter. But Micron, Advanced Micro — these are coming back. If you want high quality, we go NVIDIA, we go Broadcom and we go NXPI."

Rapid7 (RPD): "Oh boy, it's just another data analytics company that I think will probably end up getting bought by somebody and it's losing a lot of money. So, I'm going to have to take a pass on it."

Veeva Systems: (VEEV) "I used to like this company. It got killed by the shorts, they were all over it. But a global life science cloud company, not that bad."

Shake Shack (SHAK): "Until you mentioned the last piece it sounded like a good story, but that was not good comp-store sales. That stock should go to under $1 billion. By the way I keep hearing from my followers on Twitter that the lines are back at Chipotle."

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