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:
Marathon Petroleum Corp: "I see the refinery margins being pressured here ... I'm going to say sell, sell, sell."
Tesla Motors: "Tesla is a cult stock ... It is too much of a battleground for me. But my daughter wants one, so all I can say is that it's a cult stock."
Reynolds American: "I don't recommend tobacco stocks. Just got to have some principles. Not recommending them."
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Baxalta: "No that one's done. Take the profit, let's move on. Nice investment."
Synchrony Financial: "That thing has been clobbered. And you know what, I think they're doing well. I'm going to go against the grain on that one and say it's a buy."
Tiffany & Co: "No, Tiffany went out and said all these great things for a couple of quarters in a row and then they didn't deliver."
XPO Logistics Inc: "In another market, XPO is perfect. But in a roll-up with borrowing money and buying different things it is not one that you can own here. It is just the wrong time for that kind of stock."
Ionis Pharmaceutical Inc: "This is the old Isis, now here's the problem with Ionis; again, I am trying to quantify people that this is a speculative stock. This market hates speculation. So if you own it, you're owning it for another kind of market that is not this one. Fair enough? Please, it's not this one."
Hertz Global Holdings: "Still too early, Hertz. I'm not a fan, I haven't been for a while. I'm not changing my view."