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:

Ford Motor Company: "The stock Ford is too hard for me to own, frankly. They're going to miss the quarter again, and at a certain point we just have to say, enough. Okay? Just, enough."

Constellation Brands: "It's an interesting point [that beer drinkers are switching to marijuana], you know, because some of the big states did legalize [marijuana], but I still think that beer sells well. We're looking at the aggregate numbers, and Constellation sells best, because it's Modelo and Corona and I know this to some degree from Bar San Miguel, my own tavern. But I will tell you this: I am worried about the border tax, but I'm not backing away from Constellation. I think that this will be resolved and not against Constellation's way."

Cypress Semiconductor: "I want you to stay in Cypress. I think something's brewing there. I mean, look, you've got the earnings, they're being good, and I think there's always the possibility of a transaction."

OPKO Health: "Yeah, I mean, we've got to get Phil Frost on this stock. It just keeps dribbling and drabbling ever since they made that acquisition. I've got to find out what's happening. Don't have a line on it."

Philip Morris International: "Someone today came out and said [a takeover by Altria is] absolutely not a possibility and took Altria down to a sell. It doesn't matter. I think PM, Philip Morris, is doing incredibly well and I think it's fine to own."

Chimera Investment: "I've got to tell you, it's been a remarkable stock. Of course, I don't really know what they own, because they're a special refinance company [and] they don't really give you a breakdown, but I would take some off the table and let the rest run. That's my suggestion to you."

RR Donnelley: "Yes, and you know what, I'm wrong. I'm wrong, but it's got a 4.7 percent yield, I think it's doing incredibly well, I think the market's ill-informed about the situation, but so far, I am wrong on RRD and that's when I did that piece. I said, 'Look, I'm sticking with it.' But I admit that I have not made money for people, I have lost money for people in this. But, you know, we had a long term belief in it, and I still think that it can work out."

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