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Stocks discussed on the Lightning Round session of Jim Cramer's Mad Money TV Program, Thursday February 2.

Bullish Calls:

Huntsman (HUN): "...cheap stock, could be a takeover target...I want you to hold onto it."

Caribou Coffee (CBOU), Starbucks (SBUX): "The coffee trade continues. Caribou is my spec name, and of course, Starbucks is my favorite."

Bearish Calls:

Monster Worldwide (MWW): "I gave up on that one, I cut my losses...they cannot seem to turn this thing around."

ARM Holdings (ARMH): "Too expensive for this guy...don't buy...wait for it to come down."

Peabody (BTU): "Until you get consolidation in the coal industry, don't buy. That has been a tough industry."

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Source: Cramer's Lightning Round - I Gave Up On Monster (2/2/12)