Jim Cramer's Mad Money Lightning Round Picks, 10/4/07: Merrill Hits Bottom

by: Miriam Metzinger

Stocks discussed in the lightning round session of Jim Cramer’s Mad Money TV program, Thursday October 4. Click on a stock ticker for more analysis:
Bullish calls:

Merrill Lynch (MER): ‘Last week Merrill had estimates cut by Golden Sachs and it's done going down. ... That's the bottom. ... I like Merril Lynch.
Barrick Gold (NYSE:ABX): 'Don't trade down to Northgate. Trade up to Barrick.'
ValueClick (VCLK): ‘My short-term and long-term outlook is the same. ... ValueClick at 24 is going to have to be acquired by someone. ... I do a triple-buy on ValueClick.’
National City (NCC)
Huntington (NASDAQ:HBAN)
Corning (NYSE:GLW): ‘Corning's got two businesses ... it's got the fiber business, which I like very much, and it's got the crystal liquid display business, which I also like very much. I'm looking for an upside surprise in Corning.’ Cramer's Take –
Enbridge (NYSE:ENB): ‘I think Enbridge is one of the great pipeline companies. ... I recommend Enbridge.’
Intuitive Surgical (NASDAQ:ISRG)
Companhia Vale do Rio Doce (NYSE:RIO)
China Mobile (NYSE:CHL)

Bearish calls:

Ruth's Chris Steak House (NASDAQ:RUTH): ‘ …it's a very well-run company ... But there is nothing that is setting the table. ... I think you should sell Ruth's Chris. ... It's just nothing special.’
Cree (NASDAQ:CREE): ‘It's been way too hard to trade, way too many disappointments. ... I want you to stay away from Cree.’
Brunswick (NYSE:BC): ‘You cannot own that stock going into a slowdown. You have to sell that stock going into a slowdown.’
Northgate Minerals (NXG): ‘I owned the stock. ... They crushed me, I got beaten up…’
First Bancorp (NYSE:FBP)

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