Jim Cramer's Mad Money Review

FLAG is a holding company for Flag Bank operating through 27 offices in ten Georgia countries. Their industry is ranked 43rd out of the 197 industry groups and is currently the top ranked stock within that field. They are 4% off their 52 week high and were just acquired by RBC Centura. They experienced a very moderate but steady increase over the past year until July, then shot up. This could be a stock to keep an eye on if you are interested in making some "Mad Money".

CLB is a Dutch company providing petroleum reservoir description, production enhancement and reservoir management services. Their industry is ranked third out of the 197 industry groups and is the top ranked company within that group. They are 7% off their 52 week high and have experienced heavy growth over June and July. With the current volatility within the energy sector, CLB could be a good play.

It is now time to say goodbye to the old dot coms and hello to the new kings of the dot com industry. The old companies have already made their money and the management is no longer worried about growth and creating shareholder wealth. It is now time to jump aboard these new dot coms that have true growth potential and can make you mad money.
Old companies: EBAY, AMZN, TWX
New kings of dot com: NILE, VCLK, IACI

Give YHOO one more quarter to prove itself and if it doessn't, sell it.
NWS is a good buy due to key acquisitions of online companies.
Lightning Round:
Bulls: LOW, CCJ, WCI, SHLD, BUD
Bears: BSX, HD, VSE, MGPI, SNN, FCEL

Other Bulls: MRK, BMY, VAR, UNH

Grupo Simec Sa Ads (SIM) is a minimill, nonflat steel producer in Mexico, making broad range of small to medium sized structural steel products. Volume of this stock has been rising to above-average levels meaning there is heavy institutional buying of this stock. Investor's Business Daily ranks this stock very high: Earnings per share-96; Relative strength-99; Industry rank-A+; Return on equity-A; and Accumulation/Distribution-A+. This places SIM at the top of the list of the 23 steel producers in ranking and fundamentals. This company may be worth taking a look at, it could make you some mad money.

Endo Pharmaceuticals (ENDP) was mentioned on the Friday, August 4th edition of Investors Business Daily as a potential investment opportunity. There best seller is Lidoderm, a painkiller that brought in 62% of the $228 million in secondquarter sales. Earnings for the quarter increased 16% from the prior year to 43 cents a share. The sales for this drug grow 20% to 25% a year. Endo is making other efforts to reduce its reliance on Lidoderm. A few weeks ago, it and partner Vernalis VNLS asked the Food and Drug Administration to review Frova, a triptan drug, for a new condition. Since 2001, Frova has been approved to treat migraine attacks, or throbbing headaches that can include nausea and vomiting. Endo hopes the FDA also will let it sell the drug to prevent menstruation related migraines. Globally, triptan drugs account for $2 billion in yearly sales. Frova has yearly sales of $40 million. This product is not expected to reach the market until late 2008 or after, but has the potential to bring in $500 million or more. First Call analysts expect Endo to report a 10% profit decline this year, mainly due to spending on the Opana launch. They expect profit to rise 26% next year and 17% in 2008. It could be a good time to get into ENDP.

Buybacks have always been thought of as signals to buy a certain stock. However, all buybacks are not created equal. You have to look at why the company is buying their shares back in order to determine whether or not you should follow their lead and buy some yourself. There are 4 buybacks that are considered bad: 1) Borrowed buyback, whenever a company borrows money to repurchase stock. The ideal situation is when a company uses excess cash flow to buyback their stock. An example of this type of buyback is Time Warner (TWX). 2) Botox buyback, buy stock in order to decrease share hold and look as if company is growing. An example is Energizer (ENR). 3) Schizophrenic buyback, where a company buys stock even though it's not going to go up. An example is Performance Food Group (PFGC). 4) Impotent buyback, where a company buys stock attempting to shrink float. An example of this is Yahoo (YHOO).Now, here are 4 buybacks that are good: 1) Value buyback, where stock is so cheap it's worth less than the net asset value. An example is (OMM). 2) Nobody Believes In Us buyback, where nobody believes the stock has potential. An example is JCPenny (JCP). 3) Afraid of Being Taken Over buyback, where a company buys a large percentage back to prevent buyouts. An example is Ingersoll Rand (IR) and Medicis Pharma (MRX). 4) Pressured buyback, where a company buys stock because they feel their sector as well as stock is going higher. An example is Devon Energy (DVN).
Lightning Round
Bulls: BRCD, ERTS, GD, MCD, QCOM, BLS, T, MHS, ALL, AMD
Bears: ESLR, NKTR, ATVI, WMT, LLL, TXRH, CMG, CSCO, MIG
If you want to successfully invest, you need to do your homework and most importantly listen to the conference calls each quarter.
Other buys: PBI, BLUD, WLT
Other sells: PRU

Chevron Corp. (CVX) is in a position to go higher. They announced this quarter's numbers and although they were less then the street expected, the stock bounced back. This is a good sign when a company can withstand bad earnings and continue to progress. Also with the energy sector on fire, CVX is a great place to begin making money "hand over fist." Also, if you want to speculate with the current energy and political conditions in Cuba, ABB is a good company to look at. Some other good stocks to look at in these turbulent times are Fortune Brands (FO) and Masco CP (MAS). These stocks are both cyclical and have strong earnings.
Lightning Round
Bulls: A, COST, IIP, ACAS, GW, MYOG, AUY, MSFT, CHS, NHWK, CAL, JCP
Bears: AMK
Reiterated Buys: CLB, MA, STJ, VMC, NBR, VLO, GM, BUD, FWLT, URS
Sells: EPL, NVT, IMX.TO

Pfizer (PFE) is in a great position for growth. Medicare Part D has caused a spike in prescriptions which sets PFE up for substantial gains.
Comcast Corp. (CMCSA) has also gotten her groove back. They are the only company that is poised to make money off of Voice Over Internet Protocol (VoIP). Since CMCSA and Time Warner (TWX) completed there takeover of Adelphia Assets. This acquisition will add 1.7 million customers to the already 9 million high speed internet and 10.2 million digital cable customers. Also, there has been a renewed demand for cable since the HDTV. There is a significant amount of growth in the future for CMCSA.
Lightning Round
Bulls: AAPL, PALM, BAX, MOT, ALL, MET, PRU, C, TXI, HAL, PD
Bears: NFLD, BBW, PGR, INTC, BIDU, DBRN
Under Armour (UARM) is too high right now, sell it. There is not a lot of growth and will not be able to keep the street addicted any longer.
Celgene Corp. (CELG), Bob Hugin, President and CFO, said they are in the best shape they have ever been in.
Sudden Death
Buys: AMGN, MA
Sells: MCHP, GLW, DOW

HOC currently at $52.25, is engaged in the refining, transportation, terminalling and marketing of petroleum products. ALJ currently at $38.50, refines and markets petroleum products primarily in the southwestern and south central regions of the United States. Both companies are within the same industry, which ranks 4th out of the 197 different industry groups. Both companies have been very bullish and the outlook for the future looks bullish as well. They both offer dividends and growth in the future looks promising. You may want to pick up one of these companies.