This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Cramer's 'Mad Money' Recap: McDonald's Supersized

Click here for an archive of Cramer's "Mad Money" recaps.


In a brutal week for the market that looks like 1990 "all over again," investors should look to the "Golden Arches" for support, Cramer told viewers of his "Mad Money" TV show Friday.

After the Federal Reserve indicated it would not likely act again to help the economy, and Cisco (CSCO) said that the subprime mess is cutting into orders in America, the market turned ugly. Retail and banks were hit hard, with Washington Mutual (WM) down to $18.

In an environment of weakness, Cramer urged viewers to seize on "opportunities to buy the stocks that could make your portfolio into a bulletproof vest."

McDonald's (MCD - Get Report), which Cramer has applauded for its consistent performance, is "loaded with American growth and European growth," important qualities for a stock that is expected to weather a market storm.

Additionally, there's a catalyst to buy McDonald's, Cramer said: "There's an analysts' meeting next Tuesday, and if I were you, I'd get in ahead of this meeting." With McDonald's down a dollar ahead of the meeting, investors should find a good entry point, Cramer said.

"Yesterday, McDonald's was one of the only stocks that actually went up," Cramer said, thanks to positive same-store sales.

"The McDonald's I know is an international story," Cramer said. Viewers can expect the company to showcase new products, new initiatives and European growth at the analysts' meeting.

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG
ABX $12.76 0.00%
AUY $4.02 0.00%
AYR $22.87 0.00%
CELG $113.47 0.00%
EXC $32.99 0.00%

Markets

DOW 17,826.30 -279.47 -1.54%
S&P 500 2,081.18 -23.81 -1.13%
NASDAQ 4,931.8150 -75.9760 -1.52%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs