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:

Energy Transfer Partners: "All I can tell you is that they just boosted the dividend the other day. So you may think it may not be safe, but they did just boost it. And so it's hard to imagine them boosting it and then cutting it."

Soufun Holdings Ltd: "It's a Chinese stock and I don't recommend Chinese stocks on the show. Not until I get a little more clarity from the party. If the party wants to give me a call and tell me that it's time to party down, I will. But right now the communists are too hard to figure."

Del Taco Restaurants: "Everyone is buzzing about this stock, and I just can't get behind it. The restaurant stocks right now are in flux. I'm not going to get behind Del Taco."

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Isis Pharma: "You are approaching it long term, which the way you have to do it. You have to buy it on big dips. But I have to tell you, again remember the big dogs in biotech are still in bear mode. We need some of them — Regeneron, Celgene, Gilead — go up really big before we can get comfortable with second tier names like Isis."

Lam Research: "Lam Research is a buy, and that acquisition was brilliant. And I think you have to buy that stock right here, right now."

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