Cramer said you can look for growth, but make sure youget the right growth. Everyoneone wants a hot stock, but very few determine what they really do. He will do 1 per day this week, and decide if they are too hot to handle.
The first is up 50% since NOV 1…Omniture (OMTR)….Cramer discusses if it is still worth buying. They do software to collect and analyze data for content sites so they can make decisions based on data. 10 analysts 3 strong buy, 4 buy, 3 holds so it has more room for downgrades than upgrades. He then noted the lock-ups coming DEC 26, which is 43% of the insiders and they’ll probably sell a lot since they are up a lot. Cramer said if you want to own this you gotta wait until after lock-up. P/S is 8.6 and has high multiples, but Cramer said it was a sleepy and ignored IPO from summer and priced under the range. The second growth favor issue is that they are best of breed in their field. TheStreet.com rigorously evaluated the company and competitors, and they went with them.
Cramer said this is a buy AFTER DEC 26 after the lock-up. He thinks if you like F5 (FFIV) or Akamai (AKAM), then you’ll love this one according to Cramer. BUT Cramer said you’ll be staying past your welcome if you hold it for more than a few months.
OMTR traded up 2.25% to $14.10 after Cramer discussed this.
Jon C. Ogg
December 18, 2006
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