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:
Hertz Global Holding: "No, Hertz has got accounting issues. It's got a slowdown going on. That's the last thing we want to buy right here."
Moody's Corporation: "I'm worried there is not enough corporate issuance to be able to intrigue me. That's why not enough ratings. That's not going to be good for Moody's business."
Energy Transfer Equity: "I think the parent company is no nearly as good as owning the drop down [ETP] because the drop down offered a bigger distribution the last time around. That said, as David Faber has said, look out this is a very, very tricky situation. I do not want to own ETE."
Blackstone Group: "I think that's right. It won't always be this bad. One day we will have an IPO market to liquify."
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Amerigas Partners: "No, this is propane retail. Propane's down in the dumps. That doesn't necessarily mean that Amerigas is going to be bad, but I know when I see a 9 percent yield I do get suspicious. Let's be careful."
Nordic American Tanker: "They issued a really good report last night. They boosted the dividend gigantically....I don't know who sold that stock today, I think they're making a mistake."
Rio Tinto: "Rio Tinto, Vale and BHP, which was upgraded today, are all sells because they won't stop producing commodities. If you want to be in that business, go buy Alcoa—at least they're splitting."
Community Health Systems: "The hospital group is done! We don't want the hospital group, we want pharmaceuticals that have good yield."
Williams Companies: "I see the deal closing with ETE, I am very worried about ETE. The company has been silent. I think the CEO should come on the show tomorrow...and that is how we are going to get to the bottom of it."
Spectra Energy: "We know this company is doing incredibly well, but its cohort is bringing everything down. The ETFs of the oil and gas business that are bringing down Spectra energy. It's a fine company, at 7 percent I am going to pound the table because they can pay that dividend even if natural gas comes down further."
SunEdison: "All I can tell you is you don't want to touch that thing with a 10-foot pole."