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Stocks discussed on the Lightning Round session of Jim Cramer's Mad Money TV Program, Thursday April 5.

Bullish Calls:

Schlumberger (SLB): "Short-term, I don't think it is doing anything... a chartist says it will drop to $63. Long-term, it is the best company in the industry, and I want you to own it into the weakness."

Rayonier (RYN), Plum Creek Timber (PCL): "I like Rayonier. I'm going to see you in RYN, but I'm going to raise you Plum Creek Timber, which I like even more."

Dick's Sporting Goods (DKS): "...if you want some golf exposure, go with DKS."

Cheniere Energy Partners (CQP): "We've made a bunch of money in this stock. We have to wait for it to cool down. It's got a 7% yield. If it drops a couple of bucks, we'll pull the trigger."

Bearish Calls:

Callaway Golf (ELY): "I know people are saying golf is coming back...sell, sell, sell."

Pandora (P): "Sell, sell, sell. You've got to have a business model. I don't see it having a business model. It is an interesting product, but a good product does not make a good stock."

BroadVision (BVSN): "...I don't like that company at all."


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Source: Cramer's Lightning Round - Schlumberger Is The Best Company In The Industry (4/5/12)