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Stocks discussed on the Lightning Round session of Jim Cramer's Mad Money TV Program, Monday October 31.

Bearish Calls:

Microsoft (NASDAQ:MSFT): "Low risk, low reward. Don't buy."

Activision (NASDAQ:ATVI): "...we are going to ring the register. The electronic gaming business is too tough."

Johnson & Johnson (NYSE:JNJ): "Not bad, not good. Nice yield. Not a lot of growth. Don't buy."

Cheniere (NYSEMKT:LNG): "I think you ring the register and let it come back in...it is up on a spike in a very difficult market."

MetroPCS Communications (PCS): "Too competitive...sell, sell, sell."

Kirby (NYSE:KEX): "It's time to take the treat and don't get tricked. Ring the register."

Nuance (NASDAQ:NUAN): "...I want to ring the register with these...voice recognition plays...I want to take the gain."

Editor's Note: There were no bullish calls on Monday's program.

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Source: Cramer's Lightning Round - Microsoft Is Low Risk, Low Reward (10/31/11)