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Cramer: Yes, silver is poor man's gold

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:

Advanced Micro Devices (NASDAQ: AMD): "I think after they did that equity offering, they fixed the balance sheet, I'm a buyer not a seller. Everyone has turned on that one, that is wrong."

Bluebird Bio (NASDAQ: BLUE): "You're dealing with speculation there. You've got to know that if there is no takeover bid, you're going to give up that premium. I was talking to Bruce Kamich who does the chart work with me over at RealMoney.com and a lot of these look good. But just be aware that they are speculative and they are up a lot since the Medivation deal."

Enterprise Products Partners (NYSE: EPD): "I like EPD, it's got a steady dividend, it's probably the best management in the industry. I think yes, it's a good one."

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Baozun Inc (NASDAQ: BZUN): "The only Chinese stock that we are recommending is Alibaba. We are not going to go there, I'm sorry. That's too speculative for me."

Silver Wheaton (Toronto Stock Exchange: SLW-CA): "We think silver, just so you know, is poor man's gold. We prefer the GLD and then Randgold if we want a little exposure."

Impinj Inc (NASDAQ: PI): "It's fine. It had a big run since it opened. It's come back a little. I like it."

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Questions, comments, suggestions for the "Mad Money" website? madcap@cnbc.com



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