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:

Advanced Micro Devices: "I don't think anyone knows something other than the fact that the company is doing much better than people think. It does have a kind of difficult agreement that may cause some profit taking because it has to share some profit. But I will tell you that AMD is back and I think it can still go higher."

Merck: "Merck I think is a hold. I believe in the work that Ken Frazier [CEO] is doing and I would not sell the stock. Don't forget it also yields 3 percent."

Kimberly-Clark: "It's down because ... it is not a Trump stock. Why? Because it doesn't do better with a stronger economy. That said, I am never going to tell someone to sell the stock of Kimberly-Clark. A great American company, just a few points forward from its low, with a 3 percent yield. If anything, I say buy more."

Crown Castle International: "I think that wireless towers is terrific, but I always tell people that AMT and SBAC are the better ones and I'm going to stick by that, particularly with American Tower."

Costco Wholesale: "We are going to get some numbers from Costco. It's probably going to get hit. My club members say that no, I think Costco is a play on the membership card price going up. Tomorrow we might get that buying opportunity."

Sonoco Products: "Stop looking, start buying! That is a company that I have liked since 1989 when my father did some work for them. It's a terrific packaging company."

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