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:

Tractor Supply Company: "They pre-announced that last quarter and when I look at what they did, I still think it was weather related. I'm sticking by TSCO."

Cambrex Corporation: "A life sciences company. We like that ... we like Thermo Fisher, that's our favorite. Illumina is up 9 points. This group is on the move, I like it."

Vail Resorts: "I'm liking MTN. Now, why is that stock running here? I'm going to give you a little hint, because Zika from the mosquito does not survive north of 6,500 feet. And that's why that company is doing so well."

Apple Hospitality: "This one has been coming back along with the other hotel REITs, and I'm actually liking them. There's not a lot of new hotels being bought and they have a good place for yield."

General Dynamics: "I like GD, but I'm going to give you my ranking. No. 1 is still Lockheed Martin, LMT over $250. I still like it. No. 2 is Northrop Grumman, and then I'll go with General Dynamics, but that group is very hard not to like."

Caterpillar: "CAT is at the precipice of a breakout here. The shorts are going to press it. They don't want it to go above $80, but I think the news out of China is good enough that you could finally have a quick spurt as the guys realize they have to cover. I say buy, buy, buy even as it was up $2 today."

Verifone Systems: "Verifone is caught up in this whole payment situation. You know when you put your credit card in that machine and then you wait like 27 minutes, and and then it approves you? It's upsetting people, the point of sale. I want Verifone to come on and set the word straight because it sure isn't their fault."

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