Investing

Cramer's Value Pick Recap

On Thursday’s MAD MONEY on CNBC, Jim Cramer reviewed Sony Corp. (SNE-NYSE/ADR) as a value and break-up play. He feels the companycould trade at $61 to $72 instead of $45 today if they broke themselvesup, and it could run a lot just if they hint of a break-up. Here are his full comments on Sony.

Cramer also thinks that Blockbuster Inc. (BBI-NYSE) is still a buyalthough it is up 39% since his November recommendation. Cramer thinksthat 2007 will be the year of Blockbuster. He even got to interviewJohn Antioco, its Chairman and CEO.

Cramerreviewed how Level 3 Communications (LVLT-NASDAQ) said is issuing sharesafter the close, and that this isn’t scary because it is in exchange toredeem debt. This is still his #1 speculative stock for 2007, and hereare his full notes on it from last week.

Cramer said he has been waiting to buy Baidu.com Inc. (BIDU-NASDAQ) on a call-in, butit hasn’t pulled back. He sanctioned a "small" buy in it for now.

Cramer noted again that Google Inc. (GOOG-NASDAQ) is cheap and he thinks it will go to $513 by next Wednesday, which is actually only 3 trading days away.

Take This Retirement Quiz To Get Matched With An Advisor Now (Sponsored)

Are you ready for retirement? Planning for retirement can be overwhelming, that’s why it could be a good idea to speak to a fiduciary financial advisor about your goals today.

Start by taking this retirement quiz right here from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes. Smart Asset is now matching over 50,000 people a month.

Click here now to get started.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.