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Cramer: These stocks are about to fall

Abigail Stevenson
Updated
Source: CNBC. Jim Cramer rattled off his take on callers' favorite stocks, including a device play fielding rumors of a buyout.

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:

Taser International (NASDAQ: TASR): "Taser is very, very good. It's a very undervalued company, unfortunately with the conflict going on in so many cities. I'm surprised the stock isn't going higher."

Gartner (NYSE: IT): "People don't ask enough about Gartner. I think it's doing incredibly well. I think it's very expensive, but you know what? It's got great growth."

MaxLinear (NYSE: MXL): "That and Texas Instruments, which reported after the bell, chronically undervalued. I think it's a real good stock."

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Chesapeake Energy (NYSE: CHK): "I'm not a big fan. I do not really care that much for the fossil fuels. I do believe that stock can go higher, though. Why? Because it's so hot that people are going to start believing that natural gas has to go up in price and they are going to buy that stock up $1."

Amgen (NASDAQ: AMGN): "They report this week. I happen to think that the stock is very good. Now I'm going to caution, Celgene had some bad news tonight and so was the outlook at Gilead. So, these stocks are going to fall and I think you're in good shape with Amgen."

Westar Energy (NYSE: WR): "Yes, ring the register. We like American Electric Power, that's in my charitable trust. I feel strongly that that's a better one."

Wynn Resorts (NASDAQ: WYNN): "Las Vegas Sands reported a number that people like, so Wynn is flying. Now, Wynn does report this week. You know I'm a believer of Steve Wynn [CEO]. I would say buy half and then wait for the company to report to buy the other half if I did not have a position."

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