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Stocks discussed on the Lightning Round session of Jim Cramer's Mad Money TV Program, Thursday August 4.

Bullish Calls:

SodaStream (NASDAQ:SODA): "That is a big leap of faith... the highest growth stocks bounce back first...I understand the point, because you are using deep in the money calls. I would bless it...deep in the money calls is the only way I would play SODA going into the earnings."

Alcoa (NYSE:AA): "I don't want you to sell...we think it is a buy right here...we bought it here before when the economy was much worse. Could the numbers go down? Absolutely. That is what happens in a slowdown or a recession. But at 12 bucks, I think it is a buy buy buy. I can't call the bottom, but I like the stock right here."

Bearish Calls:

TriQuint (NASDAQ:TQNT): "People are saying they missed the quarter. It is levered to a lot of cell phone business. But I don't like tech, so I'm not going to say buy TriQuint at this level. Don't buy."

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Source: Cramer's Lightning Round - SodaStream Is a Leap of Faith (8/4/11)