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.

Tuesday, October 09, 2007

Jim Cramer's Stop Trading Oct. 8th

Sovereign Bancorp (SOV): Cramer agrees with a Friedman Billings Ramsey analyst who cut his estimates for SOV and added, "It's one of the few that I can't get behind here. I can't think of a reason to own that one." Cramer went on to say its owner "won't let anyone in."
Google (GOOG): Cramer reiterated his prediction that Google will reach $701 from $600 and asked "Why a 30 multiple when it's got 33% growth?"
Garmin (GRMN): After an upgrade by AmTech/JSA Research, Cramer said "It's going to be a "Garmin Christmas. Own this thing to Christmas, but then you have to sell it."
BEA Systems (BEAS): Reassuring his viewers that Carl Icahn is not a "dingbat" for raising his stake in BEAS, Cramer discussed the company's Chinese exposure and potential to make profitable acquisitions.
Published by SeekingAlpha

Labels: , , , , , ,