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Stocks discussed on the Lightning Round segment of Jim Cramer's Mad Money Program, Friday June 14.

Bullish Calls:

Applied Materials (NASDAQ:AMAT): "The cool, under-the-radar solar play my charitable trust is buying is Applied Materials. That is the one."

Lockheed Martin (NYSE:LMT): "We like LMT. We have been behind that stock for some time. We liked it before the sequester and we like it right now."

Masco (NYSE:MAS): "For the long-term, I'm a huge bull on housing (i.e. Cramer is bullish on Masco)."

Bearish Calls:

Clorox (NYSE:CLX): "Is in the grips of the thing with the Fed. This is a bond market equivalent stock. As long as this is going back and forth, you can hold it, but don't buy it. Don't sell it, though."

First Solar (NASDAQ:FSLR): "It did a big equity offering and a lot of people shorted it. The shorts were able to cover it, so it stopped flying (Cramer prefers Applied Materials)."

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Source: Cramer's Lightning Round - A Cool, Under-The-Radar Solar Play (6/14/13)