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:

Starbucks: "I like the fact that they are doing that roastery in New York, although it is far away. I think Starbucks is good, my charitable trust owns it. We want to buy some below $55."

Teleflex: "I like Teleflex, why? Because Teleflex is literally almost around the corner from where I grew up. A medical device company with a lot of good products, single-use. That is the great formula for making money."

Cypress Semiconductor: "I have been let down by Cypress Semi, too. I'm surprised the stock is as low as it is. It does have that stock dividend. I don't want you to give up on it, but boy it ran up to $14, I guess that was the chance to sell. And did I sell? Did I tell people to sell? No. I got it wrong. My bad."

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Whiting Petroleum: "Whiting fits the depiction of what Steve Chazen [CEO] from Occidental Petroleum told me the other day. Its assets are too expensive out of the ground. I say don't buy."

Deutsche Bank: "No, it's still too risky for me. Across the board, just don't want to be there. Too much risk."

Stanley Black & Decker: "Why would you sell that? Home Depot is telling you that business is real good, and they are telling you tools are good. My charitable trust owns it. No, I don't want you to sell that stock. Stanley Black & Decker is good, but under $100 I would buy."

Avis Budget Group: "No, this group has gotten competitive again. I don't want to be there. Let's say no to Avis."

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