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Stocks discussed on the Lightning Round session of Jim Cramer's Mad Money TV Program, Tuesday February 28.

Bullish Calls:

Check Point Software (CHKP): "I would say don't worry about it...it has a strong momentum. It's a good worldwide company. It's good to own."

Hershey (HSY): "Raw costs are going down. Sales are going up. What's not to like? HSY is good to go."

Avnet (AVT): "I think you should be in Avnet (instead of Tech Data)."

Bearish Calls:

Zagg (ZAGG): "You missed this...give me a break...you just had the big quarter."

Activision (ATVI): "These are becoming like airlines...I don't want to touch any of the gaming stocks. They are overvalued."

Viacom (VIAB): "You know what, I like the buyback, but that's all I like. The momentum is coming out of the stock. Don't buy."

Baker Hughes (BHI): "There are so many others I like...Why do I need Baker Hughes?"

Vivus (VVUS): "No, no, no. That gain has been made. We are ringing the register. Sell."

Pitney Bowes (PBI): "The cash flow covers the dividend, but I no longer trust its new initiatives...they don't seem to be taking hold."

Tech Data (TECD): No...(prefers Avnet.)"

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Source: Cramer's Lightning Round - Checkpoint Software Is Good To Own (2/28/12)