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Stocks discussed on the Lightning Round session of Jim Cramer's Mad Money TV Program, Tuesday March 27.

Bullish Calls:

Baxter International (NYSE:BAX): "I think it is a terrific company. It is on a comeback."

Bearish Calls:

Kohl's (NYSE:KSS): "They raised the dividend...they do have great socks. That said. Sell, sell, sell. No Mojo there."

LeapFrog (NYSE:LF): "Everyone thinks it is going to get a takeover bid. Let's take some off the table."

Exelixis (NASDAQ:EXEL): "I might be willing to make it a spec bet, but I don't like the odds."

Oracle (NYSE:ORCL): "The quarter was okay. They are doing a lot of right things, but enough to do the job. The stock is stuck here."

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Source: Cramer's Lightning Round - Kohls: Great Socks, No Mojo (3/27/12)