Jim Cramer's Mad Money Review

This site is dedicated towards tracking Jim Cramer's stock picks on his TV show Mad Money. Read about and discuss Jim Cramer's ability to move markets. Be ahead of the stock market. Get the news before its news.

Wednesday, June 21, 2006

Mad Money Man

Today's rally has inspired masses with the Dow closing up 105 points. In this market, being aggressive can be a good thing, but if you snooze you are bound to lose. To start the show off tonight, Cramer expressed his liking of Research in Motion (RIMM). However, his liking is just trading with this stock, not investing. He believes RIMM is bound to spike once their new Blackberry is released. The Blackberry is already used in over 60 countries and is expected to continue growing. The shares are down 27% and Wall Street has no respect for this stock and its upcoming launch of the Blackberry 8500. Expect RIMM to have serious sales on this new phone. At the heart of every good trade is somthing stupid, in this case being Wall Street's hate for this stock. Expect a better than expected quarted and the stock to rise. Bottom Line: Once the hype builds, sell the stock.
Also, the talks of RIMM and AAPL partnering up will not be enough for long term success.
There is pin action in Verizon (VZ) as well as MOT and NOK. Palm ( PALM) is cheap and should shoot up once they report earnings.

Medical Equipment companies have recently bought by big corporations. Already, companies have spent $60 billion in acquisitions in medical equipment companies. There are three companies that Cramer likes as possible takeover targets:
  • Viasys Healthcare (VAS), which is big in orthapedics and has one of the most sophisticated lung assistance devices, also has very little debt.
  • Vital Signs (VITL), which has a great anaesthesia and respatory business
  • Sirona Dental (SIRO), Cramers favorite, makes money off the aging population and is a very strong company

Bottom Line: Big corporations are acquiring medical equipment companies, get in before it's too late.

Ligthtning Round

Bulls:

HP fly high once they report earnings

OPWV double down here

A buy at 32

BAC

C

TLM buy from 15-18

RAD could go to 6

CHK buy at 29 hold untill 34

QCOM

MCHP

CC

TI

HLT

FS

FRO ring register at 40

COP

CVX

Bears:

EXP

USB

F

TSM

SIMG

MHGC

TOL

ARLP

ARII

Final thought: If you have less than $10,000 to invest, forget stocks and jump into mutual funds.

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