YouTube has been sued and has been unable to sign deals, Cuban went on to say, but the good news for Google is it can deal with it, without the controversy hurting the stock, he said.
Cramer called students, who take part in the Kelley school's Reese Fund, to pitch their favorite stocks to him. The fund was set up in 1986 with a $100,000 gift. The first student offered Michigan-based motor-vehicle manufacturer Spartan Motors (SPAR Quote), calling it "money in the bank." He said he liked that stock for three reasons. First, baby boomers "have dough ... and want to be outdoors," he said. For this reason, the demand for RVs has "shot through the roof." Second, post-9/11 there has been a "huge" demand for firetrucks. Moreover, 54% of the firetrucks in the U.S. are at least 15 years old, and municipalities "don't want to be stuck with that liability." And lastly, it is a defense-spending play, Cramer said. The second student pitched Rock-Tenn (RKT Quote). It has pricing power, it is paying down debt and has a huge share-buyback, the student reasoned. Moreover, all the analysts "hate" the stock and "shorts are pressing their bets," he said. Plus, the company is going to beat numbers its next quarter.- Loading Comments...
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