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Stocks discussed on the Lightning Round session of Jim Cramer's Mad Money TV Program, Tuesday, September 4.

Bullish Calls:

American Tower (AMT): "That is the best stock mentioned on this Lightning Round besides Sprint. This is the way to play the next generation worldwide 4G."

Chipotle Mexican Grill (CMG): "This had a disappointing quarter ... we had the CFO Jack Hartung on, and he explained the story ... if you want to buy, use deep in the money calls."

Sprint (S): "I want to be in Sprint right now. Maybe it goes to $4.50 or $4.80, but that is the level you want to be in."

SPDR Gold Trust (GLD): "You should own GLD (instead of NovaGold)."

Exelon (EXC): "I know it has been terrible. I think it is okay to own. The stock is down 16% for the year. That is overdoing the negativity."

Bearish Calls:

NovaGold (NG): "I don't want you to own NovaGold. Plain and simple."

Roundy's (RNDY): "We are not happy with the way Roundy's acts. We were not happy with the quarter. We thought this would do better. It hasn't. It has been a disappointment."

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Source: Cramer's Lightning Round - The Best Way To Play Worldwide 4G (9/4/12)