Jim Cramer’s “Mad Money” Recap
Well, I have to say that Arizona has been beautiful so far (110 degrees today) and that I have been enjoying my vacation. The three hour time difference was rough yesterday, and I went almost 24 hours without sleep, not entertaining at all… Well, I am happy to say that I can recap tonight’s “Mad Money” episode.
Jim kicked off the show by recommending we get ourselves involved in Aeropostale (ARO) as a back to school stock. Last year the company didn’t too hot with predicting and just staying in touch with the trends of teens (who are its core target market). Now though, Jim told us that two top retail analysts are recommending a buy on the company to investors.
Later Jim recommended we get into stocks that have recently have felt the boost of positive news: Bear Stearns (BSC), Best Buy (BBY) which Jim thinks is a great retail play, Goldman Sachs (GS) who announced recently a share back, and Caterpillar (CAT) which raised its dividend with some bullish opinions at its latest meeting.
Alright, here is a splurge of picks Jim made. Ralcorp (RAH), General Mills (GIS), Pepsi (PEP) which he recommended also last week I believe it was. A comment was made on getting into stocks ahead of what is expected to be good earnings next week, so he recommended Bed Bath and Beyond (BBBY), and FedEx (FDX); both companies report next Wednesday.
Before the lightning round Jim put in a good word for Starbucks (SBUX) as a gold mine and Energy Partner (EPL) as a real value play in the Mad Mail part of the show.
Lightning round? Some random bullish phone calls had Harris (HRS), Staples (SPLS), General Dynamics (GD), and Qualcomm (QCOM), amongst quite a few others. Bearish stocks were Mittal Steel (MT) and Advanced Micro Devices (AMD). If you want the whole list of all lightnning round picks from Jim Cramer, you can probably find them at TheStreet.com (his site).
