Tonight on Cramer’s MAD MONEY on CNBC, Cramer thinks that Jones Soda (JSDA) could be the next Hansen Natural. This stock closed at $10.65 and had a $270M Market cap, but shares popped up more than 15% to almost $12.50 after Cramer touted the name.
He thinks this is alot like HANS was back before the run. He likes their premium sodas. JSDA has an 82 P/E, and there are only 2 analysts that cover it with a neutral rating. It has $0.12 Estimates this year and he said that is 100% growth from 2006, but he didn’t note the earnings multiples. This is one of his regional to national plays that may really break out here. He thinks the National Beverage win will really help it and noted briefly that this could be acquired.
The stock has doubled recently and Cramer was not allowed to discuss it before because the market cap was under $250M. He said you can’t buy a lot of it because it is too small and you have to use big limit orders. He said buy the stock next week after the Cramer after-hours jokers can’t take the pain anymore.
Jon C. Ogg
December 21, 2006