Jim Cramer's Mad Money Review

Seeking for alternative energy plays? If so, Jim Cramer said he still finds Owens Corning (OC) as the best way to play alternative energy on CNBC's "Stop Trading!"
Cramer discussed how Boone Pickens is informing Americans of the importance of moving toward alternative energy, such as wind power, right now and moving away from foreign oil. Owens Corning can benefit from such a movement toward wind power technology since the company makes composites that go on windmills, stated Cramer. He also said the company makes insulation that can sustainably cut energy use. Although he sees potential with the stock, he warns that the stock has some downside risk since the company is levered to housing.
Cramer also agreed that 1%-2% of our power comes from wind, stating that even if we simply double our wind usage, it would be "a big deal" for those levered to this alternative energy, such as Owens Corning.
Published By TheStreet.com

Labels: CNBC's Stop Trading, Jim Cramer, OC, Stop Trading

In response to recent news that Yahoo! is no longer in talks with News Corp.(NWS) and is open to a deal with Microsoft(MSFT), Cramer felt that Yahoo! "management has its hands full and that Carl Icahn would win here" but then had to wonder "what is he really winning?" Additionally, Cramer doesn't think Yahoo! "will get a huge price anymore."
Turning to financials, specifically the Lehman(LEH) article today on Fannie Mae(FNM) and Freddie Mac(FRE), Cramer said "these financials are all in the same shape" and that they "need the government to stop looking and for everyone to stop saying we'll get through it."
Cramer said he felt that if that didn't happen, "we'll have a big bailout," which wouldn't help anything. He ended the segment by stressing to "absolutely sell Fanny and Freddie."
Published By TheStreet.com

Labels: CNBC's Stop Trading, FNM, FRE, Jim Cramer, LEH, MSFT, NWS, Stop Trading

"I like what I heard," and "I took it as bullish," is what Jim Cramer said on CNBC's "Stop Trading!" segment Wednesday about the Federal Reserve's action.
Opening the show, Cramer spoke on the Fed and today's unchanged interest rates. He said that right now it is smart not to buy retailers and that you can still buy ConocoPhillips (COP) on a down futures day. Cramer said that two things to take away are that you can "still own commodities," and that investors should "worry about a calamity," like Enron.
Moving along, Cramer said that a "way to look at consumers" is to observe Darden (DRI). He said that its April, May, June progression has been really strong and that people are still going to the Olive Garden, which had tremendous same-store sales growth.

Continuing his comments on the markets, Cramer said that he understands why the Fed believes consumers are getting strong; we are the most oversold we've been.

Published By TheStreet.com

Labels: COP, DRI, Jim Cramer, Stop Trading

Take a look at Owens Corning (OC) as an alternative energy play, Jim Cramer said on CNBC's "Stop Trading!" segment Tuesday.
Cramer said the company makes composites that go into wind mills. It also makes insulation, which can substantially cut energy use, he said.
Cramer also said he likes Discovery Holding (DISCA). "This is a cable company that really has a lot of things going for it," he said. "Cable's a winner right now."
Published By TheStreet.com

Labels: DISCA, Jim Cramer, OC, Stop Trading