Cramer believes the NYSE will grow, blow away its estimates and "keep flying" because its main objective is to make money. The company is shutting down trading rooms and laying off people, replacing them with faster and cheaper machines.
Cramer said the stock has great revenue growth and a sound cost-cutting strategy, which should save the company millions of dollars. In addition, it has the lowest operating margins of all publicly traded exchanges and "low, beatable estimates," Cramer said. The only reason NYSE shares are down is because of arbitrage pressure from its pending Euronext acquisition, said Cramer, and that pressure shouldn't last. The NYSE is ready "to conquer the world" and should go to $240 a share, Cramer said.Mail It In
In his "Mad Mail" segment, Cramer told a viewer to stick with Coach (COH Quote), as he believes it should go higher. However, he warned people against being greedy and advised those who have already made money on it to take some profits. He also suggested a mailer back up the truck* with Lundin Mining (LMC Quote), and advised another caller to buy Cyberonics (CYBX Quote) under $20. Cyberonics closed at $21.02 Thursday.Lightning Round
Cramer was bullish on TD Ameritrade (AMTD Quote), Goldman Sachs (GS Quote), Adobe Systems (ADBE Quote), DivX (DIVX Quote), Stryker (SYK Quote) and Coldwater Creek (CWTR Quote).- Loading Comments...
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,337.05 | 1,095.94 | 2,183.73 | 34.23 |
Oil *
72.45
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|
UP
51.08
|
UP
4.01
|
UP
10.74
|
UP
0.31
|
10 Yr
3.42%
SPDR Gold
110.84
|
|
+0.50%
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+0.37%
|
+0.49%
|
+0.91%
|
Data delayed 20 minutes |














