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:
Alcoa: "Remember they are splitting in two. The stock seems to have settled at $9. I like the action in the stock and I'm tired of hearing that aluminum is being dumped by China because it's not anymore, and there is a deficit coming in aluminum."
Iridium Communications: "Many years ago I recommended the stock, and it's disheartening to hit the stock up and see it's exactly where it is; which is pretty much the same place. I just think that this is a tired company. It needs to do something to boost its growth, and that is what we want. Growth."
American Capital Agency: "We don't want that. It's got that 13 percent yield, which should be a red flag to you. And frankly I do not like not knowing exactly what they own, and I think it is a sell."
Greenbrier Companies: "This is a company, like Trinity and railroads, you don't need to own this company. It is way too risky and I see the rails all slowing. Every single one of them! The stocks are all down about 25 percent."
Read more from Mad Money with Jim Cramer
Nordic American Tanker Ltd: "I know it's been weak. I don't care. I think that the oil trade is coming back and I want you to own this stock."
Boot Barn Holdings: "We recommended this stock, it then went and doubled. We said OK enough already with the double. It's now been cut in half again. Nothing has really happened at the company the whole time! I think Boot Barn is good. I think that people [investors] have turned on fashion, turned on shoes. Look at the DSW, but I think it's fine."