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Stocks discussed on the Lightning Round segment of Jim Cramer's Mad Money Program, Friday July 12.

Bullish Calls:

Zynga (NASDAQ:ZNGA), Nokia (NYSE:NOK): "In terms of speculation, I like Nokia and Zynga."

Bearish Calls:

BHP Billiton (NYSE:BHP): "BHP Billiton is going to keep coming down if the Chinese economy doesn't get stronger. It is trying to make a bottom, but I would still ring the register. My charitable trust owns Vale. It is a headache. I don't want you to get in there with me in the giant migraine that is the commodity complex."

Pembina Pipeline (NYSE:PBA): "They are gunning for these stocks. Let's be careful. I don't want to own it here."

Netquin (NYSE:NQ): "It is a hot space. It is cloud mobile. I'm going to pass on this one ... every time I buy cloud mobile, I get my head blown off."

JCPenney (NYSE:JCP): "I think it is going to stay in business, but that is not a reason to own the stock."

Electronic Arts (NASDAQ:EA): "It has had a big run. It has moved up too much."

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Source: Cramer's Lightning Round - Stay Away From The Migraine That Is The Commodity Complex (7/12/13)