Cramer's TheStreet.com TV

Try Jim Cramer's Action Alerts PLUS
CLICK HERE NOW

RealMoney Radio Recap: Pfizer ... Pfft!

11/30/06 - 03:33 PM EST

TheStreet.com Staff

The most "intriguing" rally is in health care and drug stocks, Jim Cramer said on his "RealMoney" radio show Thursday.

The bottom has been put into these stocks postelection, and now they are screaming, "buy, buy, buy!"

He considers WellPoint WLP best of breed and also likes MedcoHealth MHS.

For his charitable trust, Action Alerts PLUS, Cramer said he has been buying Quest Diagnostics DGX.

He also believes that Schering-Plough SGP and Johnson & Johnson JNJ, which he also owns for his trust, are "too cheap," as is Amgen AMGN.

However, Pfizer PFE is "too expensive," Cramer said.

Pfizer is ramping today because it came out and said it is having a "giant upside surprise." But this is not true, Cramer said.

In fact, the company has fired a lot of people and is in a moment in time where it is trying to "create an upside surprise by lowering its bar," he said.

"Pfizer is a challenged company," Cramer said, adding that there are a lot of drug stocks worth owning more, such as Merck MRK, Novartis NVS GlaxoSmithKline GSK and Schering-Plough.

Citi Lite

When a chief executive is in trouble, a disgruntled member of the company's board will likely leak it to the media, said Cramer.

But this is not happening at Citigroup C with CEO Chuck Prince, he said.

Previous «
1 2 3 4
At the time of publication, Cramer was long Quest Diagnostics, Schering-Plough and Johnson & Johnson.

Jim Cramer is a director and co-founder of TheStreet.com. He contributes daily market commentary for TheStreet.com's sites and serves as an adviser to the company's CEO. Outside contributing columnists for TheStreet.com and RealMoney.com, including Cramer, may, from time to time, write about stocks in which they have a position. In such cases, appropriate disclosure is made. To see his personal portfolio and find out what trades Cramer will make before he makes them, sign up for Action Alerts PLUS. Listen to Cramer's RealMoney Radio show on your computer; just click here. Watch Cramer on "Mad Money" at 6 p.m. ET weeknights on CNBC. Click here to order Cramer's latest book, "Real Money: Sane Investing in an Insane World," click here to get his second book, "You Got Screwed!" and click here to order Cramer's autobiography, "Confessions of a Street Addict." While he cannot provide personalized investment advice or recommendations, he invites you to send comments on his column by clicking here.

TheStreet.com has a revenue-sharing relationship with Traders' Library under which it receives a portion of the revenue from Traders' Library purchases by customers directed there from TheStreet.com.


Cramer's TheStreet.com TV


11/29/06
RealMoney Radio Recap: Times-a-Wastin'

Cramer doesn't see the logic in trying to take over the newspaper giant.


11/28/06
RealMoney Radio Recap: Google's Right Hook

Cramer says that YouTube is a big hit and that it's about time to buy the search engine. Also, foreign-market muddle.


11/27/06
RealMoney Radio Recap: Wal-Mart Wary Shoppers

Cramer says that consumers continue to gravitate away from the retail giant. Also, Mondays, Mondays.



05/19/08
Cramer on Top Searched Stocks: Yahoo!

Yahoo! is among the most searched stocks on TheStreet.com. Here's what Cramer had to say about the stock recently.


05/17/08
Jim Cramer's Best Blogs

Catch up on his thinking on the hottest topics of the past week.


04/26/08
Coming Week: Make or Break

Investors will have to deal with a Fed meeting and another flood of earnings and economic data.


05/19/08
Top Rocket Stocks: Ensco

Ensco International and Echelon have the potential to move higher in coming days.


04/28/08
Monday's Analysts' Upgrades, Downgrades

See who made what calls.


05/19/08
Telecom Giants See a Savior in Video

The addition of video is helping telecom companies compete against cable and satellite companies.


05/19/08
Contract Expiration Tempers Oil's Rise

The June West Texas Intermediate contract reflects selling pressure ahead of Tuesday's expiration. But stocks in the sector are generally trading higher.


05/19/08
Analysts' Upgrades, Downgrades: Amazon

See who made what calls.


Your Recent Quotes: Quote Up0 | Quote Down0
Dow S&P 500 NASDAQ
Oil*
Gold
10 Yr
0.00%
%
%
%
Data delayed 20 min
Sign up for our FREE newsletters now.

Keep on top of the market and the critical information you need to make more profitable investing decisions.

  • Cramer's Daily Booyah!
  • Before the Bell

Privacy Policy

See All Free Newsletters

Premium Stock Ideas