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:

LendingClub Corp: "Way too much risk. Come on my friend, I know they're doing that reorganization and stuff, but I said I'm not going to touch that one. Put together a couple of good quarters and maybe I'll even think about it."

W.P. Carey: "On real estate investment trusts, we're recommending Ventas and Federal Realty. That it, we're not going further."

StoneMor Partners: "We think there is more risk to that stock than we thought. I know that it's got that big yield, but we are going to stay away. We want a little bit more growth anyways."

Energy Transfer Partners: "I think that this group has, let's just say it's become too dicey. I am not going to recommend it. Ever since Kinder Morgan ... decided to slash its dividend, I have become squeamish about all except for Magellan Midstream Petroleum."

Constellation Brands: "We do get these pullbacks. We got one for a couple of days that went from $167 down to $162. I think you have to wait for a $4 or $5 pullback. You shouldn't just go in and rush because as much as I like the stock, I am price sensitive after this big move."

Enbridge Energy Partners: "I do believe that the dividend at 9 percent it has to be worried. I do believe it's a red flag. I know the company is really well run, but I'm not going to risk it just to be able to get that yield. We never reach for yield."

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