Lightning Round: It's overdone on the down side

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:

Home Depot: "I would buy half my position now and then wait to see if it comes in. I think they are having a terrific quarter."

VMware: "No. All that stuff...Financial engineering, we're gone there."

SunEdison: "No. Remember we did a piece saying listen that one is not going to work. We thought it would work initially. It came down, forget about it."

Bristol-Myers Squibb: "I just know about their drugs and management. All I can tell you is I reiterate my buy of Bristol-Myers. I think it's a good situation. I have for a long time, obviously."

Waste Management: "The real story here is in construction. That is where they do the most business. Republic also doing quite well. I think Waste Management right here is a buy."

Ship Finance International: "The only one I am recommending in that area is Nordic American Tanker. It's not exactly analogous but trust me, if you're looking for ship that is the way to go."

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Martin Marietta Materials: "I like it. I understand with the housing start number today the group is coming down, I think you buy it into weakness."

Motorola: "MSI has been doing quite well. I don't want to get in front of that thing. I think that it's doing really well."

Alcoa: "This thing is so overdone on the down side, it is ridiculous. I think you buy it and you put it away. I really believe that."

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