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:
Nordic American Tanker: "The tone of business at Nordic American Tanker is very good and the tanker business in general is strong, and the 11 percent is safe. So there is why I am on that company."
Williams Companies: "I've decided that deal is too hard to opine on. The personal fighting and rancor there is difficult for me to fathom, frankly."
United Rentals: "I'm still not ready for it, because this is a business that has a lot to do — more than we thought initially — with oil. I do think that the stock can make a recovery because Caterpillar has, but I'm not ready yet to pull the trigger."
Alamos Gold: "I do like gold, and I have been recommending using Randgold with Dr. Mark Bristow or we use GLD. All the gold stocks are moving, but when gold goes bad — which it tends to do periodically — I need you to be in the most established players."
Read more from Mad Money with Jim Cramer
Blackstone Group: "Remember, these companies need IPOs. And if they don't get IPOs, than they can't do the numbers we think. With that said, I have been recommending Blackstone consistently because I happen to think that Steve Schwarzman [CEO] is a very smart man and he has unbelievable talent working for him."
Micron Technology: "No, we are recommending Avago, AVGO, which is actually now known as Broadcom Limited. That is the semiconductor company that we think you should buy."
Host Hotels and Resorts: "The hotel chain that we like is Wyndham Worldwide, run by Steve Holmes. That is the least expensive and one of the best ones."