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Stocks discussed on the Lightning Round session of Jim Cramer's Mad Money TV Program, Tuesday January 3.

Bullish Calls:

Allot Communications (NASDAQ:ALLT): "...you should continue to own a lot of Allot."

Alnylam Pharmaceuticals (NASDAQ:ALNY): "That is a good spec...it has had a very big run, but I like specs in that field...they did pay off in 2011. I endorse it."

Sandridge Energy (NYSE:SD): "I think you are okay...stay long Sandridge."

J.B. Hunt Transport Services (NASDAQ:JBHT): "Long term, I'm not sure because I prefer the rails to the truck industry, but we are in a mini industrial boom in this country...I like that stock."

Kinder Morgan Partners (NYSE:KMP): "We are buyers of KMP...I'm sticking by it."

Bearish Calls:

Research in Motion (RIMM): "Why? It is too late to sell...I have no catalyst to buy. I don't want to be in it...I don't want to be out of it...just nothing."

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Source: Cramer's Lightning Round - Own A Lot Of Allot (1/3/12)