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Stocks discussed on the Lightning Round segment of Jim Cramer's Mad Money Program, Monday November 25.

Bullish Calls:

Splunk (NASDAQ:SPLK): "It is a highly valued company in software. I say you are right. I'd be a buyer."

EOG Resources (NYSE:EOG): "EOG is the highest quality (oil stock) in America."

Orbital Sciences (NYSE:ORB): "It is a winner. It has great management. That is a good one."

Hormel Foods (NYSE:HRL): "They report this week. I believe this quarter will be good. The last quarter, I wasn't crazy about. Why don't we wait to see the quarter? If it goes down, we'll buy it. HRL has a great long-term track record for dividends."

Magnum Hunter (NYSE:MHR): "That is the kind of stock that may go down because the price of West Texas is going down .... it is a cured situation. Now it is good to buy. They solved the FCC problems. Accounting irregularities equal sell, but if you fix them, it might be a buy."

Generac (NYSE:GNRC): "Management made a compelling case. I think it is here to stay, because it has the best technology."

Bearish Calls:

Ariad Pharmaceuticals (NASDAQ:ARIA): "This is a de-risked stock, but what happened was so jarring (the drug rejection) that I don't want you to increase your position."

Digital Realty (NYSE:DLR): "That is not my favorite. It has gotten pounded."

iRobot (NASDAQ:IRBT): "I don't want to play that. It is too dangerous. That is a big leap. I won't endorse it."

Comstock Resources (NYSE:CRK): Cramer prefers EOG Resources.

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Source: Cramer's Lightning Round - What Happened With Ariad Was Jarring (11/25/13)