Cramer's 'Mad Money' Recap: GameStop, Look and Listen

08/22/07 - 07:59 PM EDT

TheStreet.com Staff

As Dollar Tree "can undercut," it appears "ready to roll over" its competition. Cramer told investors to wait at least five days before they buy into Dollar Tree, a company with a "comparable store sales growth" of 4%.

Am I Diversified?

Cramer's first "Am I Diversified?" player called out the following five names: Cisco Systems (CSCO Quote - Cramer on CSCO - Stock Picks), Siemens (SI Quote - Cramer on SI - Stock Picks), ABB (ABB Quote - Cramer on ABB - Stock Picks), PepsiCo (PEP Quote - Cramer on PEP - Stock Picks) and Spirit AeroSystems (SPR Quote - Cramer on SPR - Stock Picks).

Cramer liked that portfolio "tremendously" and gave it his blessing.

The second player called out the following five names: Exxon Mobil (XOM Quote - Cramer on XOM - Stock Picks), Home Depot (HD Quote - Cramer on HD - Stock Picks), Procter & Gamble (PG Quote - Cramer on PG - Stock Picks), Citigroup (COP Quote - Cramer on COP - Stock Picks), which he owns for his charitable trust, Action Alerts PLUS, and Johnson & Johnson (JNJ Quote - Cramer on JNJ - Stock Picks).

Cramer said the caller was very close to being diversified but needed a "defense play" such as Raytheon (RTN Quote - Cramer on RTN - Stock Picks) or General Dynamics (GD Quote - Cramer on GD - Stock Picks).

The third caller called out the following five names: Apple(AAPL Quote - Cramer on AAPL - Stock Picks) Google(GOOG Quote - Cramer on GOOG - Stock Picks) Berkshire Hathaway (BRKA Quote - Cramer on BRKA - Stock Picks), Bank of America (BAC Quote - Cramer on BAC - Stock Picks) and Danaher (DHR Quote - Cramer on DHR - Stock Picks).

Cramer said that Google and Apple were similar but called the portfolio altogether diversified.

The final caller owned Cisco, ConAgra (CAG Quote - Cramer on CAG - Stock Picks), Nissan Motors (NSANY Quote - Cramer on NSANY - Stock Picks), Comcast (CMCSA Quote - Cramer on CMCSA - Stock Picks) and Jones Soda (JSDA Quote - Cramer on JSDA - Stock Picks).

Cramer said that the portfolio was diversified and "fine" with him.

To Medco's Health

Cramer had nothing but positive things to say about Medco Health Solutions (MHS Quote - Cramer on MHS - Stock Picks), which has been on an "unbelievable run" for shareholders over the past few years.

Cramer welcomed Medco's CEO and Chairman David Snow onto the program and congratulated him on his company's consistency.

Your Recent Quotes: Quote Up0 | Quote Down0
Dow S&P 500 NASDAQ
Oil*
Gold
10 Yr
0.00%
%
%
%
Data delayed 20 min
Free Newsletters from TheStreet

Cramer's Daily Booyah!
Highlights of Jim Cramer's videos
on TheStreet.com TV & his
"Mad Money" TV show.
Before the Bell
All the information you
need to position yourself
for the day ahead.
Submit
We respect your privacy.

Premium Stock Ideas