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Stocks discussed on the lightning round session of Jim Cramer's Mad Money TV Program, Friday January 29.

Bullish Calls

Bank of America (NYSE:BAC): "Chief, listen... Bank of America has already come down enough... enough with the punishment of the banks! I really think it's overdone right now. In the end, I really think housing's bottomed. I think they have a great position in the mortgage market. I like Brian Monahan. Let's do this... let's start nibbling at the stock"

Citigroup (NYSE:C): "Citigroup is fine!... Vikram Pandit [CEO] is all over the place, saying thing's are fine. Memo to Vik... don't say a thing until things are fine... But I think the stock held the "print price" (the secondary stock offering price)... that's what we call it... Buy, buy, buy!..."

Conoco Phillips (NYSE:COP): "I was arguing that we should be buying Conoco, now that it yields 4%. I think I'm going to prevail... buy, buy, buy!... I think it's terrific here. Why? Because it's got a huge natural gas business, and I believe, natural gas... it's only a matter of time..."

Chipotle Mexican Grill (NYSE:CMG), Panera Bread (NASDAQ:PNRA): They've (Chipotle) got the best, best food... cleanest... CMG is another one like Panera Bread Co. that I think could have a multi-year move."

Bearish Calls:

American Public Education (NASDAQ:APEI): "I have to tell you... I think the President is uniquely against these online education companies. That's the only one that I want to own, because of its relationship with the military, but I'm pulling back from all of them. The President seems to be really trying to protect higher education, the brick and mortar kind."

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Source: Cramer's Lightning Round - Stop Punishing the Banks (1/29/10)