Further, Cramer advised picking up some Hewlett-Packard (HPQ Quote), which he owns for his charitable trust, Action Alerts PLUS, before the company has its analyst meeting on Dec. 12.
Mad Mail
In his "Mad Mail" segment, Cramer told a viewer that although there are five casino companies up for the Philadelphia casino decision on Dec. 20, he believes Trump Entertainment (TRMP Quote) will be the one to get the bid. "I looked at the casino bids and three of them are directly related to the waterfront," Cramer said. "Trump, however, is putting his casino in a not-so-great neighborhood and therefore will create jobs where they are really needed." If it doesn't get the bid, Trump should fall to $19 and people should buy it then, he said. Trump closed at $21.79 Friday. When a viewer asked if she should wait to buy Level 3 Communications (LVLT Quote) until after it acquires Broadwing (BWNG Quote), Cramer said no because the acquisition has "totally been factored into the stock."Lightning Round
Cramer was bullish on Build-A-Bear Workshop (BBW Quote), Manulife Financial (MFC Quote), Medarex (MEDX Quote), Goldman Sachs (GS Quote), Federated Department Stores (FD Quote), J.C. Penney (JCP Quote), Kohl's (KSS Quote), MasterCard (MA Quote), Chevron (CVX Quote), Devon Energy (DVN Quote), Hain Celestial (HAIN Quote) and L-1 Identity Solutions (ID Quote). Cramer was bearish on JPMorgan Chase (JPM Quote), La-Z-Boy (LZB Quote), Bank of America (BAC Quote), Citigroup (C Quote), Valero Energy (VLO Quote) and Whole Foods (WFMI Quote). For more of Cramer's insights during the Lightning Round, click here. Want more Cramer? Check out Jim's rules and commandments for investing from his popular book by clicking here.![]() |
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