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Stocks discussed on the Lightning Round session of Jim Cramer's Mad Money TV Program, Friday March 1.

Bullish Calls:

Lions Gate (NYSE:LGF): "It has had a remarkable move. It owns a lot of content and is doing a good job. I will bless owning it, but don't be greedy. If it goes up another 50%, I want you to take off some."

Cisco (NASDAQ:CSCO): " ... Cisco is inexpensive, and it is a better buy (than 8x8)."

Michael Kors (NYSE:KORS): "Kors is a better company (than Fossil). Kors is down."

General Mills (NYSE:GIS), Kellogg (NYSE:K), Kraft (NASDAQ:KRFT): "I'd rather be in a higher yielding stock (than in Dean Foods). General Mills, if it pulls back, Kellogg, if it pulls back, Kraft, with the dividend, are all superior."

Newcastle Investment (NYSE:NCT): "It is a play on real estate. I like that."

Enterprise Products Partners (NYSE:EPD): "A lot of pipelines may trade up because the State Department may bless the Keystone Pipeline. EPD with a 4.5% yield is better (than Penn West)."

iShares MSCI Mexico Index ETF (NYSEARCA:EWW): "If it goes below $79, Buy. We have it for the charitable trust ... I think Mexico is a great buy, and I recommend that you buy more EWW."

Bearish Calls:

8x8 (NASDAQ:EGHT): "This is a speculative stock I do not care for. I think you should sell (Cramer would buy Cisco instead).

Dean Foods (NYSE:DF): "We liked Dean Foods because of that Whitewave AlPro spinoff that was exciting. Now it is played out."

Fossil (NASDAQ:FOSL): "... is too volatile. I would swap out of Fossil and buy Kors."

Penn West Petroleum (NYSE:PWE): "These trusts have been going down."

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Source: Cramer's Lightning Round - A Lion's Share For Lions Gate (3/1/13)