• Shaw (SGR) up from $30 by 146% in nuke power infrastructure he thinks it can still double.
• Foster Wheeler (FWLT) up 99% and being driven by non-green demand, it’s still a favorite but for another reason.
• Borg Warner (BWA) is up 38% and still has legs in cleaner engine parts, Cramer thinks it goes higher.
• OM Group (OMG) is actually down on refining cobalt and he said he’d have given up if last quarter wasn’t good.
• First Solar (FSLR) was up big today on a $1 Billion contract.  Its up 170% since his recommendation and he thinks it can go higher with analysts racing each other to raise targets.  It reports Wednesday but he says it is expensive and he’s look at it speculatively.
• Fuel-Tech (FTEK) is one that Cramer would rather sell than OM Group.
• MEMC (WFR) is an arms merchant for solar makers in making wafers for solar panels; too good to pass it up; it’s cheap and he thinks out of all green stocks that this one is still bargain.  MEMC is his TOP PICK in the alt-en sector.
• Tetra Tech (TTEK) is his play on the water group and he likes the last buyout with an international footprint.

He doesn’t see a single one where he thinks the run is over.  In a call-in he was also positive on Zoltek (ZOLT).  As far as BP’s (BP) initiatives in a call-in, he thinks it is an after-thought and right now it doesn’t add up right.  SunPower (SPWR) in a last call-in is one that he’s been behind and he thinks Cypress Semi (CY) is the play off it.

Another alternative energy stock an analyst said could double is Capstone Turbine (CPST) today in an unrelated report.  That was Lazard, and its analyst also defended Itron (ITRI) on recent weakness.

Jon C. Ogg
November 6, 2007

Google (NASDAQ:GOOG) is Cramer’s first cheap growth stock.  With 34% long-term growth, and some fund managers paying 50-times earnings for that growth rate, his assumption to get to $750 is only 37-times 2008 and he thinks it is cheap and headed higher.  Cramer thought he’d have seen $675 if the market wasn’t so bad Friday.  It’s also a window dressing stock, similar to the list we recently gave.  We also gave our recent  "How long until $1,000" question in relation to higher and higher analyst targets.

His second stock that is still cheap is Intuitive Surgical (NASDAQ:ISRG) even at $285 per share.  We noted "Bionic Man Earnings" on this one last week. The stock held up on Friday and the momentum investors think it may be over, but they are wrong.  He loves the robotic surgery da Vinci device that allows for open heart procedures to be done with micro-incisions and that shortens hospital stays drastically.  He also likes the 40% recurring sales after the da Vinci system sales are made for disposable parts and only 17 systems sold overseas last quarter.  If you use forward earnings estimates its PEG ratio is about 1.5, and that is cheap for the growth here according to Cramer.

On a call-in, Cramer said that despite the multiples, Baidu.com (NASDAQ:BIDU) shares are heading higher.  You’ll have to chase that one on your own.  The Alibaba IPO may draw more attention to the Chinese web space, but we noted previous lessons from the dot.com bubble here previously and noted how the stock was fighting to hold $300 recently.  This company will have to do much more than just beat its forward earnings.

Jon C. Ogg
October 22, 2007

Is this really an overlooked IPO?  No.  It came public at $18.00 and closed at $34.07.  He thinks this could go to $40.00 on its own, but also thinks a larger company could acquire it.  He also believes this will get positive analyst coverage soon.  This one ran so much that you cannot think this was overlooked at all.  This may not be that well known to the public, but traders have been playing this one over the last ten trading sessions since its IPO.  Shares rose 8% to $36.80 in after-hours on Cramer’s feature.

• Cramer’s TOP 9 Picks For 2007;
• Cramer’s recent buyout picks in Canadian Oil Trusts;
• Cramer’s TOP CHINA PICKS;
• Cramer’s stock picks on the weak dollar;
• Cramer’s "New Four Horsemen of tech";
• Cramer recently called the market "Open Buying Season" in the market.

Jon C. Ogg
October 3, 2007

Cramer wants to see how to profit off of the declining unions in business.  Ford (NYSE:F) is where Cramer thinks the unions will lose out in favor of business next, and they are even more leveraged to a change in pay scales.  If GM got a great deal, he thinks that Ford can get a great deal too.  Cramer thinks that since Ford is lower than when the GM-UAW deal was announced that you can buy this stock since they will all have far lower medical insurance and benefit costs.  Cramer also noted that Mulully took on the Boeing unions before and won.  This could make the Rover, Volvo, and Jaguar units jump to massively higher sales prices.  Shares of Ford rose 2.4% in after-hours trading after a 3% drop today.

American Axle & Manufacturing (NYSE:AXL) should see the same sort of win that GM saw since its UAW contract comes up for renewal in early 2008.  This one may benefit even more than GM and could see major gains as a result of new labor pacts.  This one only has a $1.35 Billion market cap and Cramer thinks it could see significant earnings upside in 2008.

In a call-in, Cramer said he cannot recommend Tata Motors (NYSE:TTM) ADR’s since it has run 30%, and he definitely does not want to see Tata be the acquirer of Rover and/or Jaguar from Ford.  You can bet that luxury car buyers don’t want that either.

Other significant previous Cramer calls worth noting:

• Cramer’s TOP 9 Picks For 2007;
• Cramer’s recent buyout picks in Canadian Oil Trusts;
• Cramer’s TOP CHINA PICKS;
• Cramer’s stock picks on the weak dollar;
• Cramer’s "New Four Horsemen of tech";
• Cramer recently called the market "Open Buying Season" in the market.

Jon C. Ogg
October 1, 2007

Cramer noted that it is time to look for oil stocks that pulled back, and he noted Gardner Denver Inc. (NYSE:GDI) that makes nuts and bolts, and compressor and vacuum systems.  It is not entirely levered to oil, but he thinks that at 11-times next year’s earnings it is too low and could trade at 13-times to 14-times next year’s earnings.  It even has large international exposure that can be helped by a weak dollar.

Cramer also said that oil down under $80.00 per barrel is a gift, and he is looking at another undervalued play to peers.  But he is looking at the Canadian Energy Trusts again since the oil fields underneath the trusts could be acquired.  Here are his picks, and the premium being paid for Prime West is major:

• Baytex (BTE)…has the least downside and 47% upside
• Canetic (CNE)
• Pengrowth (PGH)
• Provident Energy Trust (PVX)
• Penn West Energy Trust (PWE) is less of a target and may be a buyer
• Advantage (AAV)

Our subscribers have read some issues in the past regarding this, andwithout going too far into any potential mergers in Canadian Oil Trustsit is mandatory to know that the geography in these and the fact thatoil has to remain Very High for these to be viable.

Other major Cramer stories:

• TOP PICKS FOR 2007;
• "Mortgage Madness" Portfolio;
• His Top China Picks, with caution;
• Warren Buffett reviews: Group1 and Group 2.

Jon C. Ogg
September 26, 2007

Jon Ogg produces the 24/7 Wall St., LLC Special Situation Investing Newsletter; he does not own securities in the companies he covers.

The portfolio is up 31% since he created this just in May.  These companies have pricing power.  Maybe if you are a trader you can take some off the table a to lock in some gains and then nibble these back after a pullback. 

• Apple (AAPL) has been underestimated too much, and the iMac is massive.
• R-I-M (RIMM) is up over 70% and you should take some profits even though it is going higher to $120.00.
• Google (GOOG) is up the least of the group but they are going to blow out the numbers; target $650.00.
• Amazon.com (AMZN) is a winner because of high oil and energy costs, plus because of no state sales taxes; target was $100.00 but now $120.00.

If you read a brief review of his video segments this morning, this sounds a bit more cautious than he was just this morning when he made the first reviews.  Here are some other fairly recent key calls:

• JIM CRAMER’s TOP PICKS FOR 2007
• Cramer’s "Mortgage Madness Portfolio"
• Cramer has a few China Stock Picks, although he is very cautious there…
• Cramer reviewed Warren Buffett stock picks, and then reviewed a second group.

Jon C. Ogg
September 24, 2007

With a 50/50 rate cut Cramer thinks it is time for brokers and time for Goldman Sachs with $6.13 versus $4.35 estimates.  They even were short mortgages and made money.  Cramer still thinks this is worth $300.00 this time next year and is the best one to own.

As far as Goldman Sachs here are some other pertinent tid-bits to contemplate:
They were a TOP PICK FOR 2007 by Cramer
Even with an "Alpha Fund" hit in the news, they won
The bets were on them ahead of the report
The stocks acted weird, but the report was better than Bear Stearns (NYSE:BSC)
Who else can call $135/barrel in oil and get away with it in a "Super-Spike" possibility?

Jon C. Ogg
September 20, 2007

Cramer doesn’t think a rate cut is going to bail out the homebuilders entirely, but he still wouldn’t short them now.  He likes the banks, but the theory and the moral hazard is great for many many stock.  If you want a review of Cramer’s fairly recent stock pick lists that he is still positive on many of the stocks, here are some of the stock lists and brief explanations:

Here is his list of TOP 9 PICKS FOR 2007
Here is his "New Four Horsemen of Tech"
Here is his Mortgage Madness Portfolio
Here are his Top China Picks
Here are Warren Buffet Stock Reviews in 10 stocks and then 10 more
Here are his numerous picks from the fantasy football stocks…Running Backs… Tight Ends… Quarterbacks…. Defensive Linemen…

Cramer also gave several other stock picks in his second segment on MAD MONEY.  But he gave his key telecom pick being AT&T (NYSE:T) because of its higher dividend and growth ahead.  He thinks it is savvy and will grow cautiously and it trades at 12-times earnings with an upswing coming.  Being the sole iPhone distributor is only helping and he thinks wireless data revenue is going to be massive.  Cramer also interviewed the CFO, Richard "Rick" Lindner, who said wireless is hitting on all cylinders with margins actually growing.  The CFO also said video is now over 100,000 customers and they have over 1 million satellite.

Other picks that Cramer noted earlier today were Downey Financial Corp. (NYSE:DSL) and FirstFed Financial (NYSE:FED).

Jon C. Ogg
September 19, 2007

• Cisco Systems (NASDAQ:CSCO) is going to keep delivering and he has broken out of his past quiet-man role.
• Google (NASDAQ:GOOG) is just getting better and better after being held back a year, and it grew 9% year over year by comScore data. This is one of Cramer’s "New Four Horsemen of Tech" and he thinks it goes higher.
• Freeport McMoran (NYSE:FCX) is growing from everywhere outside the U.S. that has a lock on the copper market.
• Amazon.com (NASDAQ:AMZN) is another pick from his "New Four Horsemen of Tech" that just hit a new year high today.

Here are his Tight End picks from last night that have upside with dividend stocks.  Yesterday he also gave his "wide receiver picks" that are the aggressive big scoring stocks.  Monday night he gave his picks that were not defensive, but still the leaders as the quarterback.  But before that he gave his solid Defensive linemen picks that are defensive stock picks

Jon C. Ogg
September 12, 2007

Jon Ogg can be reached at jonogg@247wallst.com; he produces the 24/7 Wall St. Special Situation Investing Newsletter and he does not own securities in the companies he covers.

So we are now past Q1, and it’s time to see how the pundits did out of the "Top Picks for 2007".  On a dividend and price adjusted basis, the Dow Jones Industrial Average was down roughly 1% for the quarter; the NASDAQ was up less than 1%; and the S&P 500 was up just marginally above flat.  So, this wasn’t exactly a barn stormer of a quarter.

Jim Cramer is a man that has to take a lot of heat from critics, but out of his 9 picks 7 of them are up on the year as of Friday’s close. 

Smart Money Magazine actually has the most impressive line-up of stockpicks for 2007: 10 out of its 11 stock picks are UP for the year so far.

Fortune actually was a coin toss as its picks are half up and halfdown.  They do actually have the "BEST PICK" though as RadioShack (RSH)is up more than $10.00, or about 62%.

All in all, there are no real blow-ups in ths "2007 Stock Picks" fromany of the major pundits.  The single worst pick was in Forbes’ WilliamBlair analyst call where Amgen (AMGN) keeps putting new yearly lowsalmost daily. 

Since we are only one quarter into the year, we only listed these as"UP" or "DOWN" rather than show the percentage gains and losses.  It issort of like looking at baseball player batting averages after thefirst week of the season in that there is nowhere near enough time toeven bother making examples that will hold up a year out.

Jon C. Ogg
April 2, 2007

Jon Ogg can be reached at jonogg@247wallst.com; he does not own securities in the companies he covers.