Cramer Evaluates Sony

Posted: January 11, 2007 at 6:14 pm

On tohight’s MAD MONEY on CNBC, Cramer reviewed Sony (SNE-NYSE/ADR) as a favorite foreign value and break-up play.  The company could trade at $61 to $72 instead of $45 today if the broke themselves up, and it could run a lot just on the hint of a turn.  He added the value of each of the divisions to come up with that value.  Sony was called a revenue machine for revenues but it is not loved by the street, but Cramer said this is a great value.  It is a good value play in consumer electronics and you might even hear about a spin-off or break-up as soon as next quarter.  Cramer thinks it isn’t a complete screw upand there is a lot inside worth much more than the $45 price today.

Jon C. Ogg
January 11, 2007

Read more: Cramer