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:

Apollo Education: "It deserves the pounding because we're not going there. We do not care about these kinds of stocks. They've been disasters for a while."

Las Vegas Sands: "I do prefer MGM, which I think represents a cheaper call. Not as much Macau, and its CEO Jim Murren is determined to bring out value."

Sirius XM: "I like Sirius satellite, now Bruce Kamich who is a technician at RealMoney.com said that the chart is bad. Believe it or not, that is driving the stock down. I say forget the chart, I like the business. I'm a buyer."

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Realty Income Corp: "The stock has just had a monster move. There are so few stocks that have monster moves. I fear for a pullback, I want to be careful."

Edwards Lifesciences: "I've been a backer of this stock for ages, ever since I realized that they have the better device. You don't have to crack the chest cavity to be able to do the heart operation, they can do it right through. Edwards Lifesciences is still good, please let it pull back. The only stock I have on my whole list that's 52-week high."

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