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Stocks discussed on the Lightning Round session of Jim Cramer's Mad Money TV Program, Thursday March 21.

Bullish Calls:

Cisco (CSCO): "We think the long-term picture is so good. It caught a downgrade today, but we like the long term. We own it for the charitable trust. One and half down and four up. I think Cisco is terrific."

Two Harbors (TWO): "These are companies that do variable dividends. They reinvest that money. Don't worry about it. That is a good situation."

Realogy (RLGY): "I think it's great. I think this is a good way to play the real estate market. This is a good place to be."

Bearish Call:

Amarin (AMRN): "Don't buy."

Orbital Sciences (ORB): "We need a more stable market for that. Hold off on it."

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Source: Cramer's Lightning Round - Cisco Is Terrific (3/21/13)