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:

Burlington Stores: "I'm light on the retail stocks, but there are three that are not mall-based. It's Burlington Stores, Ross Stores — that are not traditional mall based — and TJX. My charitable trust owns TJX. All three of those are best-in-show, and Burlington may be better than TJX. I do like the stock, but that's not a mall retailer."

Rite Aid Corporation: "No I don't want to do Rite Aid because I can't get this Walgreens, which my charitable trust owns, has been trying to buy Rite Aid for more than a year and this deal somehow doesn't want to happen. If the deal doesn't happen, Rite Aid is not going to stay at $4, it's going lower. I've just got to make that clear."

GW Pharmaceuticals: "This is a very difficult situation because if every state legalizes marijuana than GW Pharma is not going to be able to pull this thing off. But they do have a great drug, this cannabinoid is fantastic. So, I'm on the fence on it because of so many states having just agreed to legalize marijuana. But boy, it's a good company."

Qiwi: "That is a Cyprus kind of payments company. That is way too risky for me, but if you want to have some fun, that's fine. But that's what it is."

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