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:

Starbucks: "My charitable trust owns a ton of it, Howard Schultz [CEO] is doing an amazing job. I like the new mobile payment situation. It is good to buy right here."

HSBC Holdings: "It's too hard for me! We've got to go with Wells Fargo. My charitable trust does that. We've got to keep it simple, right?"

Whole Foods Market: "There is a lot of negativity. I still think the pricing structure might be too high, and that's why I prefer Kroger. One day Whole Foods will be the one that we've got to buy."

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Lannett Company: "Lannett reminds me of a junior Valiant, and I think it could work here and I like it. It's been stalled, it's time to buy."

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