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Stocks discussed on the Lightning Round segment of Jim Cramer's Mad Money Program, Friday December 20.

Bullish Calls:

Ventas (NYSE:VTR): "Debra Cafaro is one of my bankable 21 CEOs. I'm a buyer of Ventas."

Rite Aid (NYSE:RAD): "I went over that quarter ... It was not as good as Walgreen and not as good as CVS. Did it deserve to fall like this? I want to circle back and buy Rite Aid right here."

AMC Entertainment (NYSE:AMC): "I thought it could be higher. I still believe in my judgment. I think it goes to $23. I think these bigger cap IPOs didn't pop on their first day of trading. AMC is inexpensive."

Bearish Call:

Petroleo Brasileiro (NYSE:PBR): "We did a technical analysis on that stock. We thought it had some game, but we were wrong. It is so cheap, I can't walk away, but Brazilian stocks are just awful."

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Source: Cramer's Lightning Round - Brazilian Stocks Are Just Awful (12/20/13)