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Identity theft could make you a lot of easy money, Jim Cramer told viewers of his "Mad Money" TV show Wednesday, if you buy Intersections(INTX Quote). There were more than 686,000 reported identity theft cases in 2005, but Intersections is working at putting an end to an increasingly rampant problem by helping consumers catch identity fraud early. The company provides customized credit management and identity-theft detection, protection and recovery services, Cramer said. And almost all of its revenue comes from the identity-theft and credit-management services. Better yet, the company has no analyst coverage, meaning that it is likely priced too low, he said. Cramer did not overlook the fact that the company messed up badly a few months ago and missed its quarterly numbers. "No one trusts them now, and once a little stock like this alienates people, they don't come back for a while," he said. But he believes that the stock is cheap and that the pessimism has been priced in. He told a caller that the company said it had the shortfall because it pushed back some projects. In another caveat, he said that the company's market cap is only $150 million. Use limit orders when you buy "or you will get ripped off," he said. "If you use market orders, I guarantee you will lose money."
Noodlicious
The New York Times reported that a noodle craze is sweeping through East Asia, and Cramer said that there's money to be made on the company that makes this latest food fad.
He said that the company is House Foods and that it should be purchased in Japan, where it trades on the Tokyon Exchange under the number 2810.
Cramer said that he usually hesitates to recommend stocks on overseas indices and that it's a risky play, but he also believes that this stock could be worth it.
The company not only has all of Asia to sell its noodles to, but its products also will hit shelves at Whole Foods(WFMI Quote) here.
They are apparently "yuppie ambrosia," Cramer said, adding that they've been featured on several television shows. They're incredibly popular, he said, and they could be the next big food fad in America, too.
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