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Stocks discussed on the Lightning Round session of Jim Cramer's Mad Money TV Program, Monday July 30.

Bullish Calls:

Helmerich & Payne (NYSE:HP): "I like oil service plays here."

Caterpillar (NYSE:CAT): "Caterpillar is best of breed."

Home Depot (NYSE:HD): "I like Home Depot."

Dana Holding (NYSE:DAN), Eaton (NYSE:ETN): "Dana was good, but the truck bull market turned into a bear market. I like DAN as a long-term investment. The same thing happened to Eaton, which is getting smashed because of the truck bear market, but it isn't going to last long."

Bearish Calls:

Petrobras (NYSE:PBR): "The only PBR I like is Pabst Blue Ribbon. Not the stock."

Titan International (NYSE:TWI): Cramer prefers Caterpillar to Titan.

Jabil Circuit (NYSE:JBL): "Here's the problem with Jabil. It reported a great quarter, but the stock didn't go up. What does that mean? It means that JBL is stuck in the mud for a few quarters."

Akamai (NASDAQ:AKAM): "The trade has been made. Terrific if you bought it last week."

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Source: Cramer's Lightning Round - Petrobras? I'd Rather Buy Pabst Blue Ribbon (7/30/12)