RealMoney Radio Mailbag: 3M Stands for Money, Money, Money!
06/07/06 - 03:49 PM EDT
Editor's note: The following are questions received from listeners of "RealMoney Radio." To send Cramer a question about topics from his radio show, click here. Listen to Cramer's latest radio show by clicking here.
Do you like 3M(MMM Quote)? -- Nuno from France Jim Cramer: I like 3M quite a bit actually, and I even recommended it on my "Mad Money" television show last night. I believe 3M is a classic growth stock that can be held for the long-term. Historically, 3M has shown consistent earnings and dividend growth, and while it may not put up Google(GOOG Quote)-esque numbers, I believe it will outperform the market over the next few years.
Do you think Disney (DIS Quote) is a good buy here? -- Josh from Minnesota Jim Cramer: Right now, I prefer CBS(CBS Quote) to Disney. In my opinion, CBS has a phenomenal set of media properties and the company is doing an excellent job of monetizing its content on the Internet. And at 16 times expected full-year earnings, the stock is very reasonably priced.
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