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Here's what Jim Cramer had to say about some of the stocks that callers offered up during the "Mad Money Lightning Round" Wednesday evening:
: "When we talk about wireless, I am not going to speculate in China. ... I can get myself some CHL (
, which is the greatest multiple story in the world. Let's not speculate with Kong, when we can invest with China Mobile."
: "The drug stock to buy -- as it has been for 40 points -- is
: "A Canadian company that is every bit as good as my two favorites, Pru (
and Met (
. High basis, take a little bit off the table. It is not expensive, you can let it run."
( PDC): "Sell your ne'er-do-well driller and get into some of my service companies," such as
, the last of which Cramer owns for his
Action Alerts PLUS
: "I missed the comeback ... management better than I thought. I'm just putting it in Don'tBuy."
: "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."
: "Too small for my show. But I do like that story."
New York Community Bancorp
( NYB) needs a couple more rate cuts before it's good. ... If you want an area bank, I'm gonna send you to
: "I like EPD (
Enterprise Product Partners
. Yours I'm doing a DontBuy on. Mine I'm doing a triple buy on."
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At the time of publication, Cramer was long Transocean.
Jim Cramer, host of the CNBC television program "Mad Money," is a Markets Commentator for TheStreet.com, Inc., and CNBC, and a director and co-founder of TheStreet.com. All opinions expressed by Mr. Cramer on "Mad Money" are his own and do not reflect the opinions of TheStreet.com or its affiliates, or CNBC, NBC UNIVERSAL or their parent company or affiliates. Mr. Cramer's opinions are based upon information he considers to be reliable, but neither TheStreet.com, nor CNBC, nor either of their affiliates and/or subsidiaries warrant its completeness or accuracy, and it should not be relied upon as such. Mr. Cramer's statements are based on his opinions at the time statements are made, and are subject to change without notice. No part of Mr. Cramer's compensation from CNBC or TheStreet.com is related to the specific opinions expressed by him on "Mad Money."
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