Cramer's 'Mad Money' Recap: Finishing Strong

12/21/07 - 07:53 PM EST

TheStreet.com Staff

Click here for an archive of Cramer's "Mad Money" recaps.


The best way to finish the year is by taking advantage of the opportunity in stocks being "marked up," Jim Cramer told viewers of his "Mad Money" TV show on Friday.

Cramer said he has five targets, which not only should get an end-of-the-year performance boost from institutional shareholders buying additional shares, but are worth owning anyway.

First, Cramer said, is Jacobs Engineering (JEC Quote). This company has a strong demand for new projects and should see increased profits.

Next is MEMC Electronic Materials (WFR Quote), which makes the ever-popular silicon wafers, has a new contract with Conergy worth $7 billion or $8 billion and could have a similar contract next year.

Another markup target is Apple (AAPL Quote), a stock that needs no introduction, Cramer said. Apple's product demand is strong, and it's a stock that money managers need to show they own at the end of the year.

Also, video-game retailer GameStop (GME Quote), which is selling the popular Nintendo Wii console, should benefit from an end-of-the-year markup.

Finally, there is Monsanto (MON Quote), which sells hybrid corn seeds that increase corn production.

There is some time sensitivity involved here, so people should consider pulling the trigger next week on these stocks, Cramer said.

Welcome to the Wall of Shame

Cramer has removed both Marsh & McLennan's (MMC Quote) Mike Cherkasky and Sprint's (S Quote) Paul Saleh from his "CEO Wall of Shame" because both are no longer at the helm of their respective companies.

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