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Stocks discussed on the Lightning Round session of Jim Cramer's Mad Money TV Program, Friday February 22.

Bullish Calls:

Aqua America (WTR): "This company has come alive after being dormant now. It is starting to roll. I'm a buyer."

Verizon (VZ): "Stick with stocks like Verizon, that are conservative and have a good yield."

VirnetX (VHC): "It is a very speculative play on patents. It has an ongoing lawsuit with Apple. You can play it with calls. It does have a lot of upside if it hits the jackpot."

Linn Energy (LNCO): "You can't own MLPs without running the risk of a tax. That is why you can own LNCO. I think you should own it."

BioMarin (BMRN): "That is fabulous. That is my speculative play in that group. That is my favorite."

Bank of America (BAC): "Is kind of a classic. Everyone is panicking out of these stocks. I think BAC is worth buying. I like BAC very much."

Bearish Calls:

Frontier (FTR): "Don't mention Frontier in the same sentence with Verizon."

Vonage (VG): "I'm not going to mess with little guys like this one. I'll send you to Verizon."

CenturyLink (CTL): "They cut the dividend. I don't know how much more they can do now."

Permian Basin Royalty Trust (PBT): "These have been cutting their yields. Why should we be in a yield cutter when we can be in a yield booster?"

Molycorp (MCP): "I don't know if this company ever had a pulse. I've been against this stock since time immemorial. I need a reason to buy it other than the fact it is heavily shorted."

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Source: Cramer's Lightning Round - Aqua America Is Starting To Roll (2/22/13)