Very soon we’ll have another evening of Cramer’s MAD MONEY. Tonight we should get another one of his speculative plays in medical or elsewhere, assuming that the weak market did not take the wind out of his sales. Here is what else he has covered so far this week:
On Friday’s Stop Trading segment on CNBC, Cramer came out with his picks he likes in each commodity sector.
He also panned many newspaper stocks and this will one was powerful enough that it would make anyone wonder why private equity firms are interested in them even after a drop. These names took a beating.
On Thursday evening Cramer named off a dozen or so names for his special Thursday SELL BLOCK, although he was still positive on some of these.
He also juiced a couple of small cap non-pharma healthcare stocks.
Here was he thought Cigna (CI) was worth a look at the current levels.
Cramer also oputlined why he thinks that you can profit from older rumors now that Alcoa (AA) and Dow Chemical (DOW) have fallen off so much.
Goldman Sachs remains a favorite of his, but he thinks it’s going to $250.00 fast.
Elsewhere in thh financial stocks, Cramer said he is replacing Bank of America (BAC) with Citigroup (C) as his favorite banking stock. It isn’t why you think though. He wants Chuck Prince out, and so do we at 24/7 Wall St.
One sort of funny piece was his DIRTY DOZEN where he gave a bunch of stocks that short sellers were targeting. He did give the premise that these are not really his picks per se, but ironically many of these posed some positive moves.
Cramer thinks Viacom (VIA) suing Google (GOOG) in the manner they are pursuing is just plain dumb. He still thinks VIA is going higher though.
He also thinks that Hansen Medical (HNSN) could perform like the next Intuitive Surgical (ISRG), and here’s why.
He’s even got 5 of his top oil-related names in the oil patch sector.
Jon C. Ogg
March 16, 2007
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