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Stocks discussed on the Lightning Round session of Jim Cramer's Mad Money TV Program, Friday, January 20.

Bullish Calls:

American Tower (AMT): "I like that stock so much. I've always been behind it... that is just one smoking good company."

Freeport McMoRan (FCX): "I like Freeport (better than Alcoa)."

American Express (AXP): "If you want to go with travel, I'd go with AXP... it was a really good quarter. The stock is down $1. I'd buy that one."

Trimble Navigation (TRMB): "That is a good company."

Bearish Calls:

Alcoa (AA): "Not a lot of upside...but if the world economy comes back...I'll buy Alcoa."

Ctrip.com (CTRP): "Way too risky."

Sprint (S): "Listen, the bonds are okay. I don't like the common stock. It's not going higher. They need too much money."

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Source: Cramer's Lightning Round - American Tower Is A Smoking Good Company (1/20/12)