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:
CVS Health Corp: "My charitable trust owns Walgreen's. CVS and Walgreen's are both great companies. I say buy, buy, buy CVS."
Tri Pointe Group: "I think what you ought to do is buy KB Homes. The cheapest, not the best, but the cheapest. Best-of-breed is Lennar."
Read more from Mad Money with Jim Cramer
Cramer's game plan: Oil's big defining moment
Cramer: Expect the opposite for growth stocks
Cramer Remix: Market could be lapping up Apple
Outerwall: "OUTR is like trading down in the draft. I don't want you to do that. You need best-of-breed, not somewhat of a breed. I'm not going there."
Hewlett Packard Enterprise: "You want to be in Hewlett Packard Enterprises, which is the higher value-added situation that Meg Whitman [CEO] runs. I've been recommending that."
Enterprise Product Partners: "Enterprise is very good, they just all trade together. That's the problem. This ETF is more powerful than any individual stock. But if you want the best-of-breed, it is EPD, Entprise Product."
Questions for Cramer?
Call Cramer: 1-800-743-CNBC
Want to take a deep dive into Cramer's world? Hit him up!
Mad Money Twitter – Jim Cramer Twitter – Facebook – Instagram – Vine
Questions, comments, suggestions for the "Mad Money" website? madcap@cnbc.com