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Stocks discussed in the lightning round session of Jim Cramer’s Mad Money TV program, Friday, September 5.

Bullish Calls:

Energy Transfer Partners (NYSE:ETP) --I like Enterprise Product Partners better but Energy Transfer Partners is still a good stock.

Atlas Energy Resources (ATN) -- This company has a good yield, and with natural gas bottoming Atlas Energy is a buy.”

Wachovia (NASDAQ:WB) -- I like CEO Bob Steele, so this stock is a buy.”

PetroBras (NYSE:PBR) -- This stock is a buy.

Bearish Calls:

Continental Resources (NYSE:CLR) --Until oil bottoms, I can’t recommend this stock.

Leggett & Platt (NYSE:LEG) -- “Take profits on Leggett & Platt. This stock’s already had a good run.

BP (NYSE:BP) -- “Don’t buy the stock.”

Ambac (ABK) -- “Unless Fannie Mae (FNM) and Freddie Mac (FRE) are bailed out by the Treasury, I recommend staying on the sidelines when it comes to Ambac.”

Elan (NYSE:ELN) -- “Can’t get behind it. Way too hard.”

Pitney Bowes (NYSE:PBI) -- Problematic. Don’t buy a company that misses earnings when there are so many others that hit their targets.

Consol Energy (NYSE:CNX) -- “Equitable Resources (NYSE:EQT) is a better pick.”

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