Cramer's 'Mad Money' Recap: Barista Set High for Starbucks

02/01/07 - 07:54 PM EST

TheStreet.com Staff

"Management and Cramer lost their ways on this," he said. "If you own it, sell it."

Cramer also told viewers to sell Smith & Wesson (SWHC Quote - Cramer on SWHC - Stock Picks).

Cramer welcomed American Standard (ASD Quote - Cramer on ASD - Stock Picks) CEO Fred Poses to the show and congratulated him on his stock's brilliant move Wednesday.

"We had a big fourth quarter, good outlook for 2007 and a plan that said we have three great businesses and that it's best to separate them and treat them as three separate businesses," Poses said.

Playing the devil's advocate, Cramer asked if American Standard is selling its kitchen and bath unit at a low.

Poses said it is a great business, but he doesn't believe the company is selling it at a low. The potential buyers will understand the value and pay for its bright future, he said.

"Unlocking shareholder value is what we look for, and you did it in one swoop," Cramer told Poses. "I'm a bull on American Standard."

During his "Sudden Death" round, Cramer was bullish on Yamana Gold (AUY Quote - Cramer on AUY - Stock Picks).

He was bearish on Mannatech (MTEX Quote - Cramer on MTEX - Stock Picks) and AnnTaylor Stores (ANN Quote - Cramer on ANN - Stock Picks).

Lightning Round

Cramer was bullish on Freeport-McMoRan (FCX Quote - Cramer on FCX - Stock Picks), Cemex (CX Quote - Cramer on CX - Stock Picks), Microsoft (MSFT Quote - Cramer on MSFT - Stock Picks), Hewlett-Packard (HPQ Quote - Cramer on HPQ - Stock Picks), Comcast (CMCSA Quote - Cramer on CMCSA - Stock Picks), Level 3 Communications (LVLT Quote - Cramer on LVLT - Stock Picks), Adobe Systems (ADBE Quote - Cramer on ADBE - Stock Picks), Halliburton (HAL Quote - Cramer on HAL - Stock Picks), Volcano (VOLC Quote - Cramer on VOLC - Stock Picks), United Technologies (UTX Quote - Cramer on UTX - Stock Picks) and American Standard (ASD Quote - Cramer on ASD - Stock Picks).

Cramer was bearish on American Oriental Bioengineering (AOB Quote - Cramer on AOB - Stock Picks), Anixter International (AXE Quote - Cramer on AXE - Stock Picks) and Chesapeake Energy (CHK Quote - Cramer on CHK - Stock Picks).

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.

1 2 3 4
Next Page »
At the time of publication, Cramer was long Halliburton and Hewlett-Packard.

Jim Cramer, host of the CNBC television program "Mad Money," is a Markets Commentator for TheStreet.com, Inc., and CNBC, and a director and co-founder of TheStreet.com. All opinions expressed by Mr. Cramer on "Mad Money" are his own and do not reflect the opinions of TheStreet.com or its affiliates, or CNBC, NBC UNIVERSAL or their parent company or affiliates. Mr. Cramer's opinions are based upon information he considers to be reliable, but neither TheStreet.com, nor CNBC, nor either of their affiliates and/or subsidiaries warrant its completeness or accuracy, and it should not be relied upon as such. Mr. Cramer's statements are based on his opinions at the time statements are made, and are subject to change without notice. No part of Mr. Cramer's compensation from CNBC or TheStreet.com is related to the specific opinions expressed by him on "Mad Money."

None of the information contained in "Mad Money" constitutes a recommendation by Mr. Cramer, TheStreet.com or CNBC that any particular security, portfolio of securities, transaction, or investment strategy is suitable for any specific person. You must make your own independent decisions regarding any security, portfolio of securities, transaction, or investment strategy mentioned on the program. Mr. Cramer's past results are not necessarily indicative of future performance. Neither Mr. Cramer, nor TheStreet.com, nor CNBC guarantees any specific outcome or profit, and you should be aware of the real risk of loss in following any strategy or investments discussed on the program. The strategy or investments discussed may fluctuate in price or value and you may get back less than you invested. Before acting on any information contained in the program, you should consider whether it is suitable for your particular circumstances and strongly consider seeking advice from your own financial or investment adviser.

Some of the stocks mentioned by Mr. Cramer on "Mad Money" are held in Mr. Cramer's Action Alerts PLUS Portfolio. When that is the case, appropriate disclosure is made on the program and in the "Mad Money" recap available on TheStreet.com. The Action Alerts PLUS Portfolio contains all of Mr. Cramer's personal investments in publicly-traded equity securities only, and does not include any mutual fund holdings or other institutionally managed assets, private equity investments, or his holdings in TheStreet.com, Inc. Since March 2005, the Action Alerts PLUS Portfolio has been held by a Trust, the realized profits from which have been pledged to charity. Mr. Cramer retains full investment discretion with respect to all securities contained in the Trust. Mr. Cramer is subject to certain trading restrictions, and must hold all securities in the Action Alerts PLUS Portfolio for at least one month, and is not permitted to buy or sell any security he has spoken about on television or on his radio program for five days following the broadcast.

Your Recent Quotes: Quote Up0 | Quote Down0
Dow S&P 500 NASDAQ
Oil*
Gold
10 Yr
0.00%
%
%
%
Data delayed 20 min
Sign up for our FREE newsletters now. See All

  • Cramer's Daily Booyah!
  • Before the Bell
Submit Privacy Policy

Premium Stock Ideas
Premium Services