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Stocks discussed on the Lightning Round session of Jim Cramer's Mad Money TV Program, Thursday March 15.

Bullish Calls:

Kraft (KFT): "...is just terrific...the split is going to bring out value. I like both the snack and grocery business."

Conoco-Phillips (COP): "I like it. I get tired of people saying it's not exciting enough...it is terrific. The split-up is going to be great. Breaking up is easy to do."

Heckmann (HEK): "Here is what is happening. I said this repeatedly. This is not for the squeamish. It is going up over time. It is restructuring its business, and because of that, it has fallen...we are going to be fracing in this country. It is a long-term trend we cannot stay away from."

Baidu (BIDU): "I think this stock is good, because China is Baidu."

Devon (DVN): "Buy, buy, buy. People don't understand it is going radically toward oil. It is a brilliant company. It is going where the money is being made."

Bearish Calls:

Nokia (NOK): "Don't pull the trigger. They are getting their butts kicked by everyone, especially Apple...Nokia is the Anti-Apple."

SodaStream (SODA): "I think SODA has had it. It is not the place to be...the stock is expensive. I worry about it. It was a great trade, but we don't look back."

Newmont Mining (NEM): "Don't own the miners here..."

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Source: Cramer's Lightning Round - Nokia Is The Anti-Apple (3/15/12)