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

Bullish Calls:

Statoil (NYSE:STO): "I like Statoil better than BP. STO has better growth and a better profile."

Boardwalk Pipeline Partners (NYSE:BWP): "I think you are fine (even after the secondary offering). I think you should buy more. It is best in show and incredibly well run."

Chicago Bridge & Iron (NYSE:CBI): "I think that this is a strong quarter, but it's got one nasty chart."

Eaton (NYSE:ETN): "I think Eaton will prevail. That stock is a buy, buy, buy."

Bearish Calls:

Sirius XM Radio (NASDAQ:SIRI): "Merrill Lynch put a $3.75 cap on it. I thought that was wrong. I like Sirius. Liberty Media could be able to cap your top here. I don't like the way they just casually threw (Sirius CEO Mel Karmazin) under the M-106, which is a bus. I like the stock, but it's capped."

BP (NYSE:BP): "Take a pass, my friend."

Caterpillar (NYSE:CAT): "It is too hard. I need more data. It is stuck in the $80-$90 range."

Taiwan Semiconductor (NYSE:TSM): "It would be justified to take profits. all the semis are down. This one is up way too high."

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Source: Cramer's Lightning Round - Sirius Got Thrown Under A Bus (10/4/12)