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Stocks discussed on the Lightning Round session of Jim Cramer's Mad Money Program, Thursday July 26.

Bullish Calls:

Align Technology (ALGN): "I happen to like the company. It did quite poorly, but now it has come back, and it is terrific."

Apple (AAPL): "It reacted badly again today...all I can tell you is that it is an opportunity."

Hershey (HSY), Kimberly Clark (KMB): "Hershey had a magnificent quarter, and was up another dollar. KMB is a great consumer goods play."

F5 (FFIV), Salesforce.com (CRM): "I was surprised there is so much negativity (about FFIV). I prefer Salesforce.com. It is a better cloud play. I'm willing to stick my neck out and say buy with deep in the money calls."

Bearish Calls:

Select Comfort (SCSS): "These mattress plays are too hard. Don't buy."

LG Display (LPL): (Cramer prefers Apple).

Kellogg (K): "I think Kellogg is poorly run...K can't seem to do anything right. The last two quarters have been bad. Sell, sell, sell, and don't buy it until it yields 4.5%."

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Source: Cramer's Lightning Round - These Mattresses Are Too Hard (7/26/12)