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Stocks discussed on the Lightning Round segment of Jim Cramer's Mad Money Program, Thursday June 27.

Bullish Calls:

Lions Gate (NYSE:LGF): "That thing has been a horse. Can it continue? I don't know. I thought perhaps it would run out of steam, but it has plenty in the pipeline. It's fine."

Scorpio Tankers (NYSE:STNG): "It was working. It is up 36%. The Baltic Freight Index is now over 1100. I can't believe it. I like that group. I'll stick with that."

Aircastle (NYSE:AYR): "I liked this at the beginning. I got crushed, but now with the incredible rush in airlines...those guys are right."

Becton, Dickinson and Company (NYSE:BDX): "It has been a favorite of mine for ages. This is a great company. It is good. It is in the sweet spot."

Calumet Specialty Products (NASDAQ:CLMT): "Anything that yields more than 6% is good. I like this. It yields more than 7%."

SanDisk (NASDAQ:SNDK): "It's retro tech ... that is working. You have my blessing to buy that."

Bearish Calls:

Allergan (NYSE:AGN): "I am worried. Until I talk to the CEO, I'm afraid to pull the trigger, even though it is an amazingly well-run company."

Arena Pharmaceuticals (NASDAQ:ARNA): "Everybody wants me to love it. I thought it would pop on that news about obesity. It went up just a little bit. It's not a buy for me."

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Source: Cramer's Lightning Round - Can Lions Gate Continue? (6/27/13)