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:

Intel: "Unless they get a lot of Apple business, I think it's just going to tread water. It really needs to have an all new customer, and split the company into two. And I'm not sure it's going to do that."

Sturn, Ruger & Company: "Historically I have liked RGR very much. It's one of the vice stocks that we have been writing about at RealMoney.com. But my problem here is that I think Smith & Wesson had a better quarter. I would rather stick with that one."

Abbott Laboratories: "You're buying Miles White [CEO] and there's none better than Miles White in the pharmaceutical business. I reiterate that I like Abbott."

Kinder Morgan: "KMI is making a comeback because oil and gas is making a comeback. It turned out to be a little bit more levered to oil and gas than we thought, versus being a toll road. It is not my favorite in the group. The one I like is Enterprise Product, and I'm not pounding the table on it at all."

Nevsun Resources: "It's an inexpensive stock, but I'm not a big fan of the mining stocks and I'm not a fan of the fossil fuel stocks. I'm just not going to go there. I think it's too risky and I'm not going to reach for yield like that."

Skechers: "These guys have delivered, delivered, delivered, delivered. But I've got to tell you, the footwear business whether it be Finish Line, Foot Locker, Nike, the business is not liked right now. And it's all caught up in that same thing."

United Technologies: "Greg Hayes runs United Technology ... that stock is now above where it was when it got the bid from Honeywell. I like it."

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