It's that time again! Jim Cramer rang the lightning round bell, which means he gave his take on callers' favorite stocks at rapid speed:
Ulta Beauty: "We are not that aggressive on it. L'Oreal had some negative things this week and last week. They are very close to Ulta. However, Ulta did go up today on a downgrade. That's a very positive sign. Remember, the stock spent a lot of time in purgatory. I'm not jumping up and down for any retail, that's the problem."
Radian Group: "It's a very, very good company. Philadelphia company I know. But you know what? I looked at Ellie Mae over the weekend and it made me feel a little nervous about the housing contracts. I mean, it's just not enough volume. So I wouldn't mind if you what I call 'schnitzel,' you took a little bit off the table."
AllianceBernstein Holdings: "AllianceBernstein is an inexpensive stock even though it's had a very big run. I can't speak for the dividend because these things are so variable, but that's a very good company."