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Stocks discussed on the Lightning Round session of Jim Cramer's Mad Money TV Program, Monday July 25.

Bullish Calls:

Sprint (S): "I think Dan Hesse [CEO] is running the company for the future...I think the AT&T deal could be blocked...Sprint is a winner either way because it is going to get a big check from AT&T. Dan Hesse is the man. The stock was stuck at five for a while. I say buy, buy, buy."

Conoco-Phillips (COP): "...it is splitting into two...I want you to be in the one that has more power."

Parker Hannifin (PH): "...very inexpensive stock. I want to buy it."

Annaly Capital (NLY): "...under pressure because of worries over margin requirements and what the Fed is going to do...I am going to stick with NLY which was down today...people feel it may be vulnerable...How about at $17 we pull the trigger?"

Caterpillar (CAT): "They (management) did everything in the world to tell you that you should be worried about Caterpillar...it was a downbeat call. China, I don't know it could be bad...why don't you just hit me on the head my friend...this stock is going higher in the course of the next year, even though it might go lower in the course of the next week."

Abbott Labs (ABT): "...the quarter was a good one. I want to buy Abbott."

Bearish Calls:

Exxon (XOM): "No, I want you to buy Conoco-Phillips..."

Tornier (TRNX): "I recommended it much lower...it is time to ring that register...that was a real good one. Let's move on."

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Source: Cramer's Lightning Round - Dan Hesse Is the Man, Sprint Is the Stock (7/25/11)