Lightning Round: Wait on this rocket ship stock

It's that time again! The Lightning Round bell has rung, and Jim Cramer gives his take on a few favorite audience stocks:

Kinder Morgan: "We are not backing the truck up on anything on this roller coaster market. Should you pick KMI because it has a 5 percent yield, like my charitable trust did? Yes. But there are a lot of people who are dead set against all master limited partnerships. This stock probably will go lower before it goes higher."

Isis Pharmaceuticals: "The one thing I do have to say, is that it had a very bad aisle in reversal today. Which means it went up and came back down, which means the stock could use some wok. If you want to jump in tomorrow, I think it can wait. Patience! This stock has been a rocket ship for heavens sake."

Valero Energy Corporation: "We are not crazy about the refiners here, because we don't know what the margins are going to look like. We had the golden age of refining. It came, it went, it was terrific, and goodbye."

Kraft Foods: "Remember, we don't care where a stock has come from we care where it is going to. I like Kraft, it's slow growth. I happen to like Mondelez ...I prefer it over Kraft, but if you like income than Kraft is the better one to do."

United Rentals: "This is an oil business. It's not an oil business itself, but it has one. That is dragging the stock down. I think it will turn out to be not a worry, but anything that is oil or oil related right now is just being shot. Patience."

----------------------------------------------------------
Read more from Mad Money with Jim Cramer
Cramer Remix: Stay away from this stock
Cramer: How we know when oil is too low
Cramer: Time to ring the register on this hot biotech
----------------------------------------------------------

AllianceBerntein: "I have to do work. I want to make sure that the 7 percent is sustainable, because I know that anything north of 5 in an environment where the 10-year treasury is at 2 is to me on suspect-watch, no matter how good it is."

Mastercard: "It does look like it's rolling over, and I'm not concerned. I'd like to get a bigger position on it. I think you should stick with Mastercard.

Questions for Cramer?
Call Cramer: 1-800-743-CNBC

Want to take a deep dive into Cramer's world? Hit him up!
Mad Money Twitter - Jim Cramer Twitter - Facebook - Instagram - Vine

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

Cramer's New Book