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Stocks discussed on the Lightning Round session of Jim Cramer's Mad Money TV Program, Thursday September 22.

Bullish Calls:

AT&T (NYSE:T): "It's a win-win either way...they have raised the money...if they get to buy the company (T-Mobile) it goes higher, and if they don't get to buy it, the stock goes higher. That's what I like...the whole market has gone down, but it's got that great yield...that is why I've been pulling the trigger and I'm buying it right here."

Stamps.com (NASDAQ:STMP): "It's got a good business model. I remember this from the old days...I like what they are doing. I think they are making a lot of sense."

Cummins (NYSE:CMI): "Cummins is a pain taker...we are willing to take the pain...it's a tough one, though, and there is more pain ahead."

Aruba (NASDAQ:ARUN): "Aruba is a good internet commerce play and I like that business...it is still pretty strong."

Neutral Call:

Universal Display (PANL): "I need a real update on how the company is doing...the stock has run...I need to check up on it."

Bearish Calls:

Goldman Sachs (NYSE:GS): "Nothing personal to Lloyd Blankfein and many other people who gave me my start at Goldman Sachs, but I am not recommending any financial on this show...you are taking your life in your hands."

Ford (NYSE:F): "...we say 'no' to autos...you can't own autos right here."

Teck Resources (NYSE:TCK): "...is a mineral company and the minerals have gone out of favor...it is not going to work here...it doesn't mean it is bad, it means it is going to go down."

McMoRan Exploration (NYSE:MMR): "I have high quality oil comapnies that are cascading and have good yields, so we are not going down the food chain to MMR with a speculative oil. There is a time and place for speculation, and this is not one of them."

Gold Resources Corporation (NYSEMKT:GORO): "I think gold is under liquidation...that means to me you have to wait a few days...you can't just go in and buy gold stocks that were going up when gold was going down...give it a little breather...I'm not just one to sit there and take a beating...that's not my style."

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Source: Cramer's Lightning Round - AT&T Is A Win-Win Situation (9/22/11)