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:
Halliburton: "There we've got a government regulation issue, we also have oil going down. The numbers are probably too high. I'm going to say stay away from Halliburton."
United States Steel Corp: "We can't buy that. The Chinese are too busy getting rid of their subsidized dumping steel. And that is what's killing that company, as well as its pipe business in the oil patch."
American International Group: "I happen to like the guys who are running AIG now. I think Peter Hancock [CEO] is doing a very good job, and the stock is now under its tangible book. They'll be in there buying it. Is there a hurry to do it? I think you would buy it down in stages. It's not a bad company at all."
Visteon Corp: "I am in the camp now that thinks we are seeing peak autos. And so if I am seeing peak autos, than I can't be all that excited about a company that sells in to the auto market. I know that when I saw the numbers that we just got, and I know that the Fed is going to raise, that is going to hurt autos. So I am not in a hurry to own a peak auto supplier."
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Radius Health: "Radius is a speculative stock, and you've got companies that are very solid biotech companies like Amgen and Celgene that are just getting crushed. So you've got to expect this one is going to get crushed more, and jump up more. You have to take a long-term view and understand it was pure speculation. Everybody is allowed to speculate. I think you should speculate in one or two positions out of 10. But it is a speculative stock and this is what happens."
CIT Group: "Well it's a financial, and the financials now are starting to go down because people feel like interest rates aren't going higher. They're caught in a rock and a hard place. I'm not a buyer of CIT here even though it is at its 52-week low. I don't see a lot of reasons why I need to be in it."