On last night’s MAD MONEY on CNBC, Jim Cramer made 4 big picks while he was visiting the University of Texas. These stocks all went up on his recommendations, regardless of the NYPost bashing Cramer yesterday.
His picks were as follows:
The first stock he likes is J.C.Penney (JCP-NYSE); JCP traded up 0.8% to $80.45 after-hours ($87.18 year high).
His second pick is Transocean (RIG-NYSE); shares rose 0.5% after-hours to $78.60 ($90.16 year high).
His #3 pick is XTO Energy (XTO) as the finest Wildcatter in North America; stock rose 1.25% to $52.75 in after-hours ($53.79 is year high).
Cramer’s FAVORITE pick is Temple-Inland (TIN) for a break-up worth $85.00 that trades at $58.00; stock rose 1.7% to $58.72 in after-hours (year high is $63.61).
If you wish to see the full list with the full explanations, you can access this here.
Stocks he ran stocks up in the business student Q&A:
He also was positive on JetBlue (JBLU), and JBLU traded up 1.3% to $12.13 in after-hours. Unfortunately for Dell (DELL) holders, he still prefers H-P (HPQ) in a commodity PC business. He panned AMD (AMD) yet again.
He also panned Southwest Airlines (LUV), which I actually noted last month as "the discounter that isn’t a discounter" on FEB 12 at $15.76 close that day and closed at $15.12 yesterday.
Cramer also brought the CEO of HJ Heinz (HNZ-NYSE) on the show, and Cramer thinks it is the best; HNZ ran 0.8% to $46.82 after-hours (year high is $47.95).
Oddly enough, Cramer didn’t look any bigger in Texas.
Jon C. Ogg
March 21, 2007
Jon Ogg can be reached at [email protected]; he does not own securities in the companies he covers.
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