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Stocks discussed on the lightning round session of Jim Cramer's Mad Money TV Program, Wednesday August 19.

Bullish Calls:

Wells Fargo (NYSE:WFC): "Wells Fargo is a despised stock by many hedge fund managers. I sit there and I think, the lies... the lies... the horror, the horror... and here's what I say... I think that the management at Wells obviously, obviously blew it when they bought Golden West... Would you guys please come on the show. I like Wells Fargo."

Walt Disney (NYSE:DIS): "I have been mystified why this company does not have more adherence...When advertising comes back... and it is a cyclical business... Disney will be a leader. ESPN is terrific. Bob Iger is doing a great job...I'm a buyer of Disney, even at $25, and if that consumer gets red-hot, you've got a $30 stock on your hands... and more power to Bob Iger."

Union Pacific (NYSE:UNP): "I prefer Union Pacific Corp. which I've been hoping would come down so I could buy it for where I play with an open hand. That's been my target, on my list, since it got to $50... But, if it can come down... I like it."

Vale (NYSE:VALE): "I think VALE represents a higher-quality player... That's the Brazilian one... It's at $19.85. I like that one better than Teck Cominco."

Bearish Calls:

Burlington Northern Santa Fe (BNI): "I'm a big backer of the rails, but you know it's going to be part of the China problem, because what's happened is... the rails trade with China. Here's my advice to you... BNI may be Warren Buffett's favorite... He's got the biggest stake there... I prefer Union Pacific Corp."

Teck Cominco (NYSE:TCK)

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Source: Cramer's Lightning Round - The Stock Hedgies Love to Hate (8/19/09)