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:
Monster Beverage: "Monster Beverage had a really good quarter. I think they're doing incredibly well, but they have a big business in Europe so people are going to freak out. I think under $150 it's getting interesting. Not yet though."
Alnylam Pharmaceuticals: "This is a big speculative stock. Obviously this market abhors speculation, but it's very low. No ... you're going to lose money I believe in that stock. You've just got to wait a little bit."
Oasis Petroleum: "No, Oasis peaked because it's in Williston. Not going to go there."
Cigna: "That merger I think is dead on arrival. I do believe, however, that that is a stock that you want to own. My favorite in that group is United Healthcare."
Emerge Energy Services: "Oil is done going down big. I think that you should sell half and let the rest run."