This Day On The Street
Continue to site
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: Coaling a Bottom

SanDisk's Music Appreciation

SanDisk (SNDK - Get Report) CEO Eli Harari joined Cramer by telephone on the show. Cramer asked Harari why his company was getting into the MP3 music player market when every company except Apple (AAPL - Get Report) has failed with it.

Harari said he believes the biggest market for music worldwide will ultimately be cell phones equipped with music capabilities.

Cramer said he agreed and asked Harari if SanDisk's competitor, Samsung, is possibly losing money on its deal with Apple to supply chips for Apple's new iPod nano given the nano's pricing.

Harari said he did not believe Samsung was losing money on the deal. But, he said through the nano, Samsung was upstaging and displacing micro-hard drives with its flash memory chips, which is good news for SanDisk in that it helps open up new markets.

Cramer asked Harari what percentage of cell phones will have slots for flash memory cards in 2006.

Harari said 150 million out of roughly 700 million handsets produced in 2005 would have flash memory card slots, and the market would continue to grow in 2006. Music downloads should fuel that growth, he said.

Commenting on its multilevel-cell (MLC) technology, Harari said SanDisk had licensed the technology to Intel (INTC - Get Report), Samsung, Toshiba and Hitachi (HIT), and his company is suing STMicroelectronics (STM - Get Report) over the technology.

Cramer summed up the interview saying SanDisk "is the best-performing stock in tech," and it is going higher, he said.

Lightning Round


Cramer was bullish on Sirius Satellite Radio (SIRI - Get Report), Lucent Technologies (LU), Lowe's (LOW - Get Report), Exxon Mobil (XOM - Get Report), Intermagnetics General (IMGC), GenCorp (GY), LeapFrog Enterprises (LF), Sonic (SONC - Get Report), America Movil (AMX - Get Report), Pike Electric (PEC), St. Jude Medical (STJ - Get Report), Weyerhaeuser (WY - Get Report), Dresser-Rand Group (DRC), Netflix (NFLX - Get Report), National Oilwell Varco (NOV - Get Report), Aqua America (WTR - Get Report) and Chesapeake Energy (CHK - Get Report).


Cramer was bearish on Home Depot (HD - Get Report), Amylin Pharmaceuticals (AMLN), TransGlobe Energy (TGA - Get Report), Fastenal (FAST - Get Report), Applied Materials (AMAT - Get Report), Petrobras Energia Participaciones (PZE - Get Report), First Marblehead (FMD - Get Report), Brightpoint (CELL), Synovus Financial (SNV - Get Report), Vail Resorts (MTN - Get Report), Forward Industries (FORD - Get Report), Hewlett-Packard (HPQ - Get Report), Nortel Networks (NT) and Blockbuster (BBI).

Interested in more Cramer? Check out Jim's rules and commandments for investing from his latest book by clicking here. It's a series of articles from Cramer on how to become a better investor. The following table lists some of the rules that Cramer dissects.

1. Pigs Get Slaughtered 2. It's OK to Pay the Taxes
3. Don't Buy All at Once 4. Buy Damaged Stocks
5. Diversify to Control Risk 6. Do Your Homework
7. Don't Panic 8. Buy Best-of-Breed
9. Defend Some Stocks 10. Don't Bet on Bad Stocks
11. Own Fewer Names 12. Cash Is for Winners
13. No Regrets 14. Expect Corrections
15. Know Bonds 16. Don't Subsidize Losers
17. No Room for Hope 18. Be Flexible
19. Quit When Execs Do 20. Patience Is a Virtue
21. Be a TV Critic 22. When to Wait 30 Days
23. Beware the Hype 24. Explain Your Picks
25. Find the Bull Market
Check back for more of Cramer's Rules
At the time of publication, Cramer was long Boeing, Fording Canadian Coal Trust, General Mills, Intel and Lucent.

James J. Cramer is a director and co-founder of He contributes daily market commentary for's sites and serves as an adviser to the company's CEO. Outside contributing columnists for and, 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 ActionAlertsPLUS . While he cannot provide personalized investment advice or recommendations, he invites you to send comments on his column by clicking here . 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." Cramer appreciates your feedback and invites you to send him an email by clicking here.
3 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
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $93.76 -0.28%
AMAT $15.96 -5.10%
AMX $13.77 -2.40%
AMGN $141.08 -2.70%
AVL $0.08 -12.12%


Chart of I:DJI
DOW 15,818.41 -386.56 -2.39%
S&P 500 1,833.96 -46.09 -2.45%
NASDAQ 4,229.4310 -133.7130 -3.06%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs