Click here for an archive of Cramer's "Mad Money" recaps.
Although people might be sick and tired of hearing about how Sirius Satellite Radio (SIRI) and XM Satellite Radio (XMSR) intend to merge, there is potential to make some mad money here, Jim Cramer told viewers of his "Mad Money" TV show Wednesday. Cramer smells "desperation" in the anticompetitive merger and believes there is a rush to merge that should spread to other sectors as well, because "corporations are racing against the political clock." "It looks like the 'government of, for and by the corporation' in pursuit of profits could be on the way out," Cramer said. "The Street has the feeling a Democrat could win the White House in 2008." If that happens, he continued, it could mean a change in the kinds of mergers that are allowed. However, luckily, "the current Justice Department doesn't know the meaning of anticompetitive," Cramer said. Therefore, he believes there will be "one last monopolistic deal explosion before the party ends." "I believe we are going to get a wave of these monopolistic mergers in the next two years," Cramer said. The following are 10 possible anticompetitive mergers that Cramer believes could get through the Justice Department for a limited amount of time:
Merger Mania
10. Kroger (KR) and Safeway (SWY). 9. Laboratory Corp. (LH) and Quest Diagnostics (DGX), which Cramer owns for his charitable trust, Action Alerts PLUS. These two diagnostic companies have been "locked in a ferocious price war to win the HMO business," he said. As this is keeping down profits, Cramer believes "it is time for them to get on the anticompetitive bus."- Loading Comments...
- Loading Comments...
Recent Comments
Featured Photo Galleries
-
Unexpectedly, Barnes & Noble Names a New Chief Executive
New York Times
-
Democrats Inch Toward Securing Votes for Health Bill
New York Times
-
Tough Talk On Yuan
Forbes.com: Business News
-
SEC: Defective by Design?
The Big Picture
-
Hotel Occupancy increases compared to same week in 2009
Calculated Risk
-
DataQuick: California Bay Area Sales decline Slightly
Calculated Risk
-
CBO: Health-care reform bill cuts deficit by $1.3 trillion over 20 years, covers 95%
Ezra Klein
-
Apple Races to Secure iPad Deals
The Wall Street Journal.
-
Virgin America to Add Routes
The Wall Street Journal.
-
BA strike talks to resume later
BBC
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,779.17 | 1,165.82 | 2,391.28 | 36.72 |
Oil *
81.41
|
|
UP
45.50
|
DOWN
0.39
|
UP
2.19
|
UP
0.30
|
10 Yr
3.67%
SPDR Gold
110.34
|
|
+0.42%
|
-0.03%
|
+0.09%
|
+0.82%
|
Data delayed 20 minutes |
More From TheStreet
Latest HeadlinesBrokerage Partners
Sponsored Links














