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:
American Airlines: "My order here is that I like Delta, and then I like Southwest Air and then I like American."
Teekay Offshore Partners: "The only shipping company, and I know it's not bulk, that I'm recommending is NAT which is hanging in there. Nordic American Tanker, I like that yield."
Smith & Wesson: "This is a stock that is too controversial for me to opine on. I do feel like it is doing well, but I need more information."
Party City Holdco: "They should come on the show and say why we should ever want to own Party City, because right now I do not want to party at Party City."
Chesapeake Energy: "Too risky, don't like the balance sheet. We've got plenty of them with good balance sheets, we don't need to go down the food chain."
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Celgene Corp: "A lot of people felt that the Revlimid number was a little bit shy. My charitable trust does not own Celgene, but boy is it ever getting tempting. Perhaps below $110. Why? Because they bought that Receptos and I think that they are going to really reap the benefits. It's just not happening yet."
Carter's Inc: "There is a lot of other ways to play it. I'd rather have you be in Kimberly Clark. Why? Because I think apparel is way too hard for this guy. I do not want to be in apparel, I think there is too much of it in the stores."
Eros International: "Bollywood movies. I've got enough trouble watching how Lionsgate is going down after the close. I am not going to add that to the list of companies that I have to worry about."