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Stocks discussed on the Lightning Round session of Jim Cramer's Mad Money TV Program, Tuesday March 12.

Bullish Calls:

Standard Pacific (NYSE:SPF): "You stay in it. SPF goes higher."

O'Reilly Automotive (NASDAQ:ORLY): "That is a good stock. Buy it."

Biogen (NASDAQ:BIIB), Celgene (NASDAQ:CELG), BioMarin (NASDAQ:BMRN): "Why aren't you in Biogen? It is a fabulous stock. I put that in the same category as Celgene and best-in-show BioMarin."

Kansas City Southern (NYSE:KSU): "It has legs ... because I believe the Mexican automotive business is getting better and better (i.e. KSU has exposure to Mexico)."

Bearish Calls:

Diamond Foods (NASDAQ:DMND) (Concerning alleged accounting irregularities):"You have to stay away from this. I like the nuts in the supermarket, but I do not like the nuts at the Diamond Food Corporation."

Molycorp (NYSE:MCP): "I have enough problems with other mineral companies. We are not chasing it."

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Source: Cramer's Lightning Round - Stay Away From The Nuts At Diamond (3/12/13)