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Cramer throws a red flag on the yield for this financial stock

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:

Alcoa: "Alcoa is the spinoff of Arconic. We like Arconic. My charitable trust has a big position in Arconic because where Klaus [CEO] is ... Alcoa is more commodity and I do not want to own the commodity maker. It has moved too much."

MFA Financial: "I see that 10 percent yield and I've immediately got to throw the red flag. That is a challenge to that stock's yield."

Noble Corporation: "No, that one is I think too dicey. I stand for the stock of Schlumberger."

Mid-America Apartment Communities: "I'm not buying the self-administered, self-managed real estate investment trusts here. I don't think they work."

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