Cramer sys print buyers should really be buying McGraw Hill (MHP)

Cramer on MAD MONEY also said McGraw Hill (MHP) may be the only print media company to own.  The other media decline in newspapers is Secular and will be ongoing and persistent, but MHP is diversified out of printing now.  That makes it more appealing to any fund that wants print exposure.  He said that with funds and Private Equity and billionares wanting to buy the New York Times (NYT), Tribune (TRB), and Dow Jones (DJ)….that means people should be buying MHP.

These buyers could get a better return buying MHP according to Cramer.  MHP closed down 0.9% at $66.65, but rose to $67.23 after his touting; its 52-week trading range is $46.37 to $67.43.  Cramer also pointed out that DJ & NYT aren’t really public companies because the dual class structure maes the non-public shares actually in control for the families that floated the common shares.

Well, he is going on more on this but this enough talking about this one.

Jon C. Ogg
November 30, 2006