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:

8x8, Inc: "Voice over internet protocol. A lot of people think there is going to be a takeover. I think it's time to ka-ching, ka-ching. I'd take a little off the table."

Seres Therapeutics Inc: "I think that one is a buy, buy, buy."

California Resources Corp: "I don't like the reverse 1 for 10 split. I think you ought to sell, sell, sell."

Avery Dennison Corp: "Avery Dennison has been a stock that I have loved for 30 years and I continue to love it. Even though it's up a lot, I would not take profits."

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