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:

Walgreens Boots Alliance: "I'm kind of bummed. My charitable trust owns it, and then after the bell 15 million shares were filed by a selling shareholder. Not what you want to see. The stock is going to get hit on that."

Enterprise Products Partners: "Here's the problem with Enterprise: It's in a really bad group, but it is of the bad group along with Magellan Petroleum. Those stocks are making a comeback, but I am not anxious to put more people in it."

Delta Airlines: "Delta, American, they're just getting killed. United. People are just very concerned that there is a price war going on. Southwest was on-air and basically said listen we are undercutting a lot of prices. Southwest is the way to go."

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Cheniere Energy: "When they fired Charif Souki [former CEO] they took my reason for owning Cheniere away, frankly, so I'm not going to recommend the stock."

General Electric: "We pulled the trigger for the charitable trust to own GE ... GE if you can get it around $30, it's a terrific buy."

Alcoa: "I like Alcoa ... now remember, the major chord is up for these stocks but weaker China numbers have brought Alcoa down to a level that I think is really good to buy."

CVR Refining: "I don't like the refinery stocks. So, there's the answer. There isn't any one of them that I am recommending now that the spread's closed."

Vonage Holdings: "Vonage the dog, frankly. Don't buy, don't buy. We've got things like Verizon. How about Verizon, that's a very good company."

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