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Stocks discussed on the Lightning Round session of Jim Cramer's Mad Money TV Program, Friday January 4.

Bullish Calls:

Chevron (CVX): "We like Chevron."

Celgene (CELG): "We prefer Celgene (to Solazyme)."

Bearish Calls:

Energy Transfer Partners (ETP): "If ETP does an equity offering, that CEO is going on the Wall of Shame. That is the worst stock my charitable trust owns."

Solazyme (SZYM): "It is too speculative for me. It doesn't make any money, and there are so many stories that are doing well."

Allot Communications (ALLT): "We recommended it. Allot went up big, then it round-tripped. Bad on me. At this level, I don't want to sell it, because it is too low."

Teva Pharmaceuticals (TEVA): "No, enough of that. Teva is one hard stock to own."

Harvest Natural Resources (HNR): "That is too speculative."

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Source: Cramer's Lightning Round - The Worst Stock My Charitable Trust Owns (1/4/13)