Jim Cramer's Mad Money Review

Forest City (FCEA) is "one of the savviest" real estate companies around, Jim Cramer said on CNBC's "Stop Trading!" segment Friday.
Long-term value investor Marty Whitman recommended the stock when he made an appearance on CNBC earlier in the day.
"I think he's right. ... I remember when I was at Goldman Sachs (GS) ... we were in awe of these guys," he said of the Brooklyn-based builder. "All they have gotten is better and better," he added.
As a "very long term" investor, Whitman focuses on a company's outlook over "not six to 18 months, but six to 18 years," Cramer told viewers. It's important to keep that in mind when looking at his bullish take on troubled bond insurer MBIA (MBI).
As for Whitman's play on Florida real estate developer St. Joe (JOE), Cramer said, "There was supposed to be a major pullback. They admitted housing wasn't selling there."
"Now you got a book-value play," Cramer said. "I question this one. ... It seems cheap [but] I'm looking for a catalyst."
Cramer concluded the show by discussing Whitman's charitable organization, an entrepreneurial boot camp for veterans with disabilities. "I've given a lot to the Fisher House, which is another program for soldiers.
Published By TheStreet.com

Labels: CNBC's Stop Trading, FCEA, GS, Jim Cramer, JOE, MBI

Bullish calls:
Raytheon (NYSE: RTN - News): 'Raytheon's probably the cheapest.'General Dynamics (GDNorthrop Grumman (NYSE: NOC - News)Lockheed Martin (NYSE: LMT - News)Frontline (NYSE: FRO - News):'Yours is a winner. Frontline is a buy. I see the stock went down today, but, you know, a lot of stocks went down today. That's a good one.'UnitedHealth (NYSE: UNH - News): 'Understand, I've owned this stock for a couple of years for my charitable trust. This is precisely the kind of stock that does well on a slowdown. ... I want to buy the stock.'Norfolk Southern (NYSE: NSC - News): 'Every railroad stock has been killed. ... All of them are owned by very big hedge funds. ... People say to themselves, 'I guess all the hedge funds are getting killed.' That is not true. ... I still like the stock.'Trinity Industries (NYSE: TRN - News): 'When this mortgage mess clears up, I think Trinity comes back. I think that's the kind of stock you buy. ... I'm not backing away."'Nastech Pharmaceutical (NasdaqGM: NSTK - News): 'I would prefer, if you want to speculate, that you speculate with Nastech Pharmaceutical.'American Standard (NYSE: ASD - News): 'I frankly don't know why the market hates it so much. ... I'm stickin' by. It's painful, but I'm stickin' by it.'LKQ (NasdaqGS: LKQX - News): 'I like your company. I would stick with it.'Yamana Gold (NYSE: AUY - News): 'I'll stick with Yamana.'
Bearish calls:
Boston Scientific (NYSE: BSX - News): 'They canceled an IPO. I don't like the balance sheet. This is not my favorite company in the group. Even at $13, I'm going to reiterate that I can't get behind the medical company Boston Scientific.'Spartan Motors (NasdaqGS: SPAR - News)Jones Soda (NasdaqCM: JSDA): 'They missed the quarter. You cannot miss the quarter and be a high-multiple stock. Not only did they miss the quarter -- they missed the last quarter. ... I cannot pull the trigger. ... Jones is in the penalty box.'Limited Brands (NYSE: LTD - News): 'Here's a company that's doing absolutely everything right, but no one cares. My take is this: The Limited is too cheap, but I can't think of a catalyst to turn this stock around.'St. Joe (NYSE: JOE - News): 'I cannot be in the stock. It's just not the place to be.'WCI Communities (NYSE: WCI - News)SuperGen (NasdaqGM: SUPG - News)Coeur d'Alene Mines (NYSE: CDE - News): 'I have never been a fan of Coeur d'Alene. They always issue a lot of stock. They never seem to go anywhere.'
Published by SeekingAlpha

Labels: ASD, AUY, BSX, CDE, FRO, Jim Cramer, JOE, Lightning Round, LKQX, LMT, LTD, NOC, NSC, NSTK, RTN, SPAR, SUPG, TRN, UNH, WCI