Jim Cramer's Mad Money Lightning Round: 10/10/07, China Mobile's Great Multiple

Stocks discussed in the lightning round session of Jim Cramer’s Mad Money TV program, Wednesday October 10. Click on a stock ticker for more analysis:

Bullish calls:

China Mobile (CHL): ‘ … the greatest multiple story in the world.’
Enterprise Product Parners (EPD)
Schering-Plough (SGP)
Celgene (CELG): ‘…the drug stock to buy -- as it has been for 40 points -- is Celgene.’
Sanofi-Aventis (SNY)
Manulife (MFC): ‘A Canadian company that is every bit as good as my two favorites, Prudential and Metlife.’
Prudential (PRU)
Metlife (MET)
E-Trade Financial (ETFC): ‘Even if you looked at the absolute worst-case scenario ... even if they took a $1 billion writedown ... I think the stock's a buy here.’
Furmanite (FRM): ‘Too small for my show. But I do like that story.’
ITT (ITT)
Transocean (RIG)
Schlumberger (SLB)
Hudson City (HCBK): ‘If you want an area bank, I'm gonna send you to Hudson City.’
Enterprise Product Partners (EPD): ‘Yours [MDU Resources] I'm doing a DontBuy on. Mine I'm doing a triple buy on.’

Bearish calls:

KongZhong (KONG): ‘Let's not speculate with Kong, when we can invest with China Mobile.’
Pioneer Drill (PDC): ‘Sell your ne'er-do-well driller and get into some of my service companies …(Halliburton, Schlumberger, Transocean and Baker Hughes).’
NightHawk (NIHK): ‘I missed the comeback ... management better than I thought. I'm just putting it in Don'tBuy.’
New York Community Bank (NYB): ‘needs a couple more rate cuts before it's good.’
MDU (MDU)

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