Mad Money Recap
Cramer's 'Mad Money' Recap: Sharp Focus at Time Warner
The Name to Know in Zinc, Copper
Market players should buy a stock that has had an "identity crisis," Cramer told viewers. The company, EuroZinc Mining, which previously held the ticker symbol EZM, has merged with Lundin Mining (LMC) and now possesses the symbol LMC. "Lundin Mining has a wider base of assets, which makes it more reliable," Cramer said. And it is the "single way to play the single two hottest minerals in the world: zinc and copper." Zinc is about to move into the driver's seat, and with Lundin Mining, EuroZinc got two mines which produce more than 70 tones of zinc, he said. In addition, with the new mix of zinc and copper, the company has become a "prime takeover target," as there are "plenty of mining companies looking to make themselves bigger," Cramer continued. Although it seems EuroZinc was doing fine on its own with its copper exposure, zinc's price should increase 70% as supply lessens, he said. "This merger is brilliant, and the stock should be going much higher than we thought," Cramer said.Mad Mail and Sudden Death
In his "Mad Mail" segment, Cramer told a viewer he believes Evergreen Solar (ESLR) could run through Monday, and if not, he recommended cutting it off. He told one viewer Tween Brands (TWB) is "fabulous," and advised another to wait for a bounce before panicking out of LifeCell (LIFC). In the "Sudden Death" round, Cramer was bearish on Del Monte Foods (DLM) and Foxhollow Technologies (FOXH).Lightning Round
Cramer was bullish on Ceradyne (CRDN), NYSE (NYX), Apple Computer (AAPL), L-1 Identity Solutions (ID), Cabela's (CAB), TXU (TXU), Qwest Communications (Q), Watts Water Technologies (WTS) and GameStop (GME).Want more Cramer? Check out Jim's rules and commandments for investing from his latest book by clicking here.
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note |
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|---|---|---|---|---|
| 12,393.45 | 1,310.33 | 2,827.34 | 15.81 |
Oil *
101.78
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26.41 |
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2.99 |
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10.02 |
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0.44 |
10 Yr
1.58%
SPDR Gold
151.62
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-0.21%
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-0.23%
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-0.35%
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-2.71%
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