Cramer’s ‘Mad Money’ Recap: Game Plan How-To
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To see the full “Mad Money” Recap, please click here.
Here’s what Jim Cramer had to say about some of the stocks that callers offered up during the “Mad Money Lightning Round” Friday evening:
TD Ameritrade (AMTD) : “Is it my favorite broker? No.” That would be Goldman Sachs (GS) , which Cramer owns for his Action Alerts PLUS charitable trust. But Cramer said some people don’t want a stock that pricey. He said he will sanction buying Ameritrade at 14.
Virgin Media (VMED) : “This company’s in transition. … This looks a lot like what happened with Comcast (CMCSA) before its run” and with Charter (CHTR) . I am sticking with Virgin Media.”
GlobalSantaFe (GSF) : “As each contract rolls over, they get a higher price. … All the rigs are spoken for.” Cramer said the stock is “too cheap. I want to buy it here.”
Qualcomm (QCOM) : “Was worried they were being too litigious. … If that stock gets back to 37, all the risk will be in, and I’ll pull the trigger.”
“Six Flags (SIX) is a good stock.” Cramer said it’s a company that does well when interest rates go lower.
Aqua America (WTR) : “I’ve not liked this stock … I used to like it for its safety. … If it got to 18, I would probably look at it.”
Exxon Mobil (XOM) : “Way overdone … down 9 straight points, fantastic balance sheet, can raise the dividend, buying back stocks. Pull the trigger at Exxon.”
Rite Aid (RAD) : “They could also refinance their balance sheet. Mary Sammons [CEO] … doing a fabulous job. … I want to buy more Rite Aid right here. … That’s also recession-proof.”
Syntax-Brillian (BRLC) : “Downer. Liquid crystal displays. … What we’re gonna do is we’re gonna buy Corning (GLW) .”
*For all you home-gamers, a ‘mon-back opportunity means Cramer would back up the figurative truck and load up on a stock.
Want more Cramer? Check out Jim’s rules and commandments for investing from his latest book by http://www.thestreet.com/tsc/cramerbook.
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