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Stocks discussed on the Lightning Round session of Jim Cramer's Mad Money TV Program, Friday March 8.

Bullish Calls:

Oaktree Capital Group (NYSE:OAK): "I like that."

Bearish Call:

Cabela's (NYSE:CAB): "They are going to report this week. There are a lot of moving parts with that one. Last time, they got hurt by apparel. Take half off the table ahead of the quarter. I don't want you to get hurt again."

Rentech (NASDAQ:RTK): "No, that is too speculative."

Novagold (NYSEMKT:NG): "I think you can hold it, but there is nothing exciting happening there."

Chesapeake Energy (NYSE:CHK): "This is not the natural gas company I want you in ... wait until $23 and then sell."

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Source: Cramer's Lightning Round - Too Many Moving Parts In Cabela's (3/8/13)