This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Cramer's 'Mad Money' Recap: Crowning Cell-Phone Play

Click here for an archive of Cramer's "Mad Money" recaps.


No Fawlty Towers

There's a new sheriff in town among the cell-phone plays, and that's Crown Castle International (CCI - Get Report), said Jim Cramer on his "Mad Money" TV show Thursday.

Crown Castle owns and leases cell-phone towers. But, the company also has a key technology in the coming "sea change" of live video over cell phones, said Cramer.

This "extra edge" distinguishes CCI from its cell-phone tower competitors, he said.

Although no one can be sure how popular video over cell phones will be, even if it flops, CCI is well positioned in the current cell-phone-tower-leasing bull market, said Cramer.

Cramer believes that Verizon (VZ - Get Report) will begin offering live video via cell phones in 2006 using Crown Castle's technology. Nokia (NOK) may also use Crown Castle's technology, he said.

Finally, Broadcom (BRCM - Get Report), a key player in video over cell phones, is aligned with Crown Castle, as well, said Cramer.

Cramer is still bullish on cell-phone tower plays Global Signal (GSL - Get Report) and American Tower (AMT - Get Report) as well as handset maker, Motorola (MOT), cell-phone "innards" maker Skyworks Solutions (SWKS - Get Report) and cell-phone chipmaker Qualcomm (QCOM - Get Report).

But, "I just like CCI better than any of them at these prices," he said.

Koor Constituency

Cramer is bullish on Koor Industries (KOR), the largest Israeli conglomerate, after recent news that Kuwait may end its decades-long embargo against Israel.

If that happens, said Cramer, not only will Koor benefit from Kuwaiti demand for Koor's products such as telecom equipment, but it may also benefit from Kuwaiti oil companies investing in Israeli stocks.

Even if the embargo doesn't end, said Cramer, Koor will be OK because the Israeli economy is "really steaming," he said.

In response to a question about Israeli pharmaceutical company, Teva Pharmaceutical Industries (TEVA), Cramer said he prefers Koor as a way to play Israel because Koor has exposure to the entire Israeli economy, whereas Teva only has exposure to drugs.
1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG
MRH $42.65 0.00%
FRX $99.00 -0.77%
ZMH $106.50 0.68%
AKAM $71.90 0.00%
AMGN $155.89 0.00%

Markets

Chart of I:DJI
DOW 16,643.01 -11.76 -0.07%
S&P 500 1,988.87 +1.21 0.06%
NASDAQ 4,828.3250 +15.6170 0.32%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs