Mad Money Mailbag
Mad Money Mailbag: Google Bound for $450
Editor's note: The following are questions received from viewers of "Mad Money," seen every day at 6 p.m. EDT on CNBC.
Is Google(GOOG) too expensive over $300? -- Joe from Michigan James J. Cramer: I believe that Google can earn at least $9 a share in 2006. Based on a 50 times earnings multiple, because of its unmatched growth potential, I now believe the shares can see $450 over the next 12 months.
I love the show. What are your thoughts on Cendant(CD)? -- Dan from New Jersey James J. Cramer: This is a stock I own for my charitable trust, ActionAlertsPLUS. While the stock appears very inexpensive at just 11 times earnings, it remains in Wall Street's doghouse. If one has patience, I believe that management's strategy to split the company into four units will unlock shareholder value.
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note |
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