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:

Enterprise Products Partners: "Look, I'm going to tell you that this group is way overdone on the downside and that EPD is the best of the lot. That is not a strong endorsement of whether it is going to go up now. But I am going to tell you that I do like the stock because it's a premier master limited partnership and all of those are heavily under water right now."

Dave & Busters: "That is a very, very hard business. They are really the only guy that has made a success of it. They came public again and they came up and they're doing a good job and I am going to endorse Dave & Busters."

IPC Healthcare: "I don't really understand that merger. I mean to me, I don't really understand it and I have to do more work on it. To me, you ring the register but we have to find out more."

Helen of Troy: "We think Helen of Troy is overdone on the downside. It will come back, we know the quarter wasn't anything that was great but we don't think it's worth being down here."

Read more from Mad Money with Jim Cramer

Mimedx Group: "This is a really speculative stock. Remember this is trying to create something that everyone has been trying to do—regenerate material in the body. It's too hard for me, I've got stocks like Radius that could have an osteoporosis cure. I would rather be in Radius Health. It's down a great deal and we like the management."

MGM Resorts International: "I like MGM. I know that it's got Vegas and Macau, I think it's the cheapest of the three: Las Vegas Sands, Wynn and MGM. It's the one I like."

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