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:

Charles Schwab: “I want you to keep [your position]. Look, we’re in a bull market and rates are going up and that is really good for Schwab. Period, end of story.”

SAP SE: “I like SAP very much. I think they had a good quarter. Not as good as Oracle, and not as good as Salesforce, but it was good.”

Air Transport Services Group: “I like the air transport business.”

General Electric: “Well, if you buy it down here, it’s OK. I mean, it’s just been a terrible stock. I mean, talk about a place – the address is the House of Pain. That said, they’ve got a new CEO coming in. Let’s sit down with him, with [CEO John] Flannery, and see what he has to say and then we’ll make a judgment.”

Watch the full lightning round:

Disclosure: Cramer’s charitable trust owns shares of General Electric.

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