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Cramer: This 11% yield just might be the real deal

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:

Xerox: "I thought the stock was oversold after the quarter. It wasn't that bad. I'm a buyer of Xerox."

Intra-Cellular Therapies: "Way too risky for this guy! Come on, let's focus."

Whiting Petroleum: "No, we need high quality. That means it's Exxon, that means it's Chevron, that means it's Occidental. My charitable owns the last. I like them all better than Whiting."

Discover Financial Services: "Discover had a good quarter, there is no doubt about it, but so did Visa. So did Mastercard. So did Paypal. I like the whole Payments group! You can stick with yours, though."

Read more from Mad Money with Jim Cramer

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Sherwin-Williams: "I like the acquisition very much ... and Home Depot is the Cramer-fave. The weather is perfect for Home Depot. Don't forget it's planting season."

Annaly Capital Management: "I'm warming up to Annaly. Getting a little more disclosure. I'm starting to feel pretty good about that 11.5 percent yield. It may actually be a good one. That's a new policy for me."

3D Systems Corporation: "We've got to wait to see what the quarter is. The stock's all pumped up and they report this week. Let's not pull the trigger until we see it."

Ambarella: "It's yester-year. We don't want to do it. We've got too many things on our plate."

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