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MARKETS LIVE BLOG:

S&P 500 SLIPS BELOW 5,000; NASDAQ SINKS ON TECH DRAG

Nvidia tumbles 10%, Amazon loses more than 2% while Apple ends 1% lower

Cramer: A steel company built to last

Abigail Stevenson
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:

Box (BOX): "You've got this thing with Aaron Levie [CEO], he's doing a good job. But it's a high growth stock and people want big earnings ... speculation buying I am allowing, because it does have good revenue growth."

US Steel (NYSE: X): "No, we recommend only Nucor when we are in the steel group. That is a company that was built to last and doesn't have a debt problem and has good yield."

Akorn (AKRX): "That is a good spec with actual earnings power ... I would keep that stock."

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