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Stocks discussed in the lightning round session of Jim Cramer’s Mad Money TV program, Friday, September 19.

Bullish Calls:

Exelon (EXC) -- “I think you have got a good one there. The sell-off was ridiculous but if Warren Buffett bid on Constellation Energy (CEG) there’s no reason to sell this stock."
El Paso (EP) -- “That stock is a buy but don’t pay more than $17 a share for it."
Nucor (NUE) -- “To sell Nucor now is a big mistake. Once demand from China is back, Nucor should go higher. This is my favorite steel company."
Sandridge Enercy (SD) -- “I am bullish on Sandridge Energy. At $30 we are going to buy.”

Bearish Calls:

AT&T (T) -- “We are going to have to wait. The dividend will put you through. Enjoy the dividend payout while you wait."
EMC (EMC) -- “There are not a lot of orders coming in tech. In any rally on Monday sell this stock."
American Express (AXP) -- “Don’t buy. I like the brand name but the company still has a number of charge-offs to take due to bad loans. Also the company is very quiet."
Barrick Gold (ABX) -- “I like Barrick as a defensive play in a diversified portfolio. But the stock is up $3, so take some profits."
National City (NCC) -- “I do not want to recommend National City. Sell, sell, sell.”
Annaly Capital (NLY) -- “This is one I screwed up on. Don’t buy. Sell, sell, sell.”

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Source: Profit Taking Time - Cramer's Lightning Round (9/19/08)