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Stocks discussed on the Lightning Round segment of Jim Cramer's Mad Money Program, Monday July 29.

Bullish Calls:

Cabela's (NYSE:CAB): "For guns, I'm going to own Cabela's."

Roundy's (NYSE:RNDY), Kroger (NYSE:KR): "For Roundy's, there is takeover talk. I like the fundamentals. I like Kroger."

Royal Bank of Scotland (NYSE:RBS): "Stick with RBS. They have a great franchise. The stock looks cheap to me."

L Brands (LTD): "These guys are money. Consistency, consistency, consistency."

Micron (NASDAQ:MU): "It will go higher rather than lower, but for the short term, there is going to be a digestion period (following the Elpida acquisition)."

Bearish Calls:

Solar Capital (NASDAQ:SLRC): "I was stunned by their bad quarter. Now it is back to where it was when we first met it, but I have to say 'don't buy.'"

The AES Corporation (NYSE:AES): "No, I'm not going to own that."

Smith & Wesson (NASDAQ:SWHC): Cramer prefers Cabela's

Silver Wheaton (NYSE:SLW): "No, we don't like silver."

Quanta Services (NYSE:PWR): "This did well when we had all those storms. I like it, but there is no catalyst right now."

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Source: Cramer's Lightning Round - I Was Stunned By Solar Capital (7/29/13)