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, December 20, 2006

Jim Cramer's Mad Money Review

InnerWorkings (NASDAQ: INWK - News)
Continuing his week-long discussion of "hot stocks," Cramer discussed InnerWorkings, which outsources printing services and has gone up 87% since its IPO in August. The company has had a record of positive profit and net income and has a "right to exist" in spite of its competition. Cramer says that this stock has room to rise, but suggests that investors keep its Feburary 11 lockup expiration date in mind and to buy half of a position now and half after Feb. 11 or to swap out of the stock during that period. Cramer suggested taking 48 hours to do research on the stock before buying.

Adobe (NASDAQ: ADBE - News)
Cramer comments that Adobe "through no fault of its own, got pummeled on Monday in a vicious Nasdaq selloff," and he would use the opportunity to pick up this "indispensible" stock. Adobe was down because investors were afraid that it would report lower guidance, but when it didn't, the stock spiked. Cramer also mentioned that negative speculation by short-sellers might have kept the stock down. He would buy Adobe which is "too cheap for the wrong reasons" ahead of its Creative Suite 3 release, and ride it on a "four month magic carpet ride."

Verifone (NYSE: PAY - News)
Although holiday stocks have been played out, Cramer likes ancillary seasonal play, Verifone, which makes credit and debit card swiping machines and is "by far the market leader" in this business. The company is going to have a big upgrade in the U.S. and will replace their machines. In addition, Verifone has tremendous growth potential in the developing world, and is a cheap stock which is " one part ancillary Christmas play and 10 parts great stock," according to Cramer.
CEO Interview: Dr. Paul Berger, Nighthawk Radiology (NASDAQ: NHWK - News)
When asked about the company's hospital growth, Dr. Berger commented "At the end of the third quarter this year, we have approximately 981 hospitals which send us images every night, or approximately 18% of the hospitals in the U.S. And that's been a growth of 121 hospitals over the first nine months of 2006." He also discussed the world-class radiologists on staff and the technology which enables physicians to be more efficient. Cramer said he likes Nighthawk, but would not be against ringing the register since he is tired of defending a winning stock which investors are not thrilled about.
Published By SeekingAlpha

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