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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.
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.- Loading Comments...
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