Cramer Sing’s a Bard’s Tune (BCR)

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By Douglas A. McIntyre Published

On tonight’s MAD MONEY on CNBC, Jim Cramer said he’s seen enough earnings from big companies and he is fed up with the Fed sitting around while the US economy is slowing.  He wants to show you stocks that are safe and ones that will make you money.  This is his "Ultimate Defensive Portfolio" of 3 stocks for tonight.  He is looking for companies still growing that are not growing only because of overseas growth.  He is unveiling 3 medical related:

1) CR Bard (BCR) is one he’s been behind since 2005, and he is still behind it.  He thinks this is a great medical device maker that has 65% of the peripherally inserted catheters and leaders in other catheters.  He also likes their biopsy technology and the angioplasty operations.  They are mostly #1 or #2 in their markets.  In 2005 he thought it would be a takeover target, and he thinks it is still a takeover candidate in 2007.  Anyone wanting to buy this company has to do it before the Democrats get to change the merger rules.  This one is also in a group that the healthcare spending won’t hit.

Jon C. Ogg
April 30, 2007

Jon Ogg can be reached at [email protected]; he does not own securities in the companies he covers.

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About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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