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Stocks discussed on the Lightning Round session of Jim Cramer's Mad Money TV Program, Thursday September 6.

Bullish Calls:

Ares Capital (ARCC): "A lot of these companies do these secondaries. Don't worry. I think you are fine."

Cheniere Energy (LNG): "I like Cheniere."

SPDR Gold Trust ETF (GLD): "I want to know what I own, and if you own GLD, you know you own gold."

Allstate (ALL), AIG (AIG): "Allstate is a winner. AIG has a bit of an overhang because of the government, but is a buy."

Bearish Calls:

Energy Transfer Partners (ETP): "One of the worst stocks I own for the charitable trust. This company has completely failed me. Every day I have to look at this thing and say, 'Don't buy."

Cliffs Natural Resources (CLF): "It is probably too low to sell. Let it bounce and then sell, sell, sell."

Golar LNG Limited (GLNG): Cramer prefers Cheniere.

Franco-Nevada (FNV): "Don't bother ... I would buy the GLD."

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Source: Cramer's Lightning Round - One Of The Worst Stocks I Own (9/6/12)