Mad Money Recap
Cramer's 'Mad Money' Recap: Get Healthy With Triple-S
12/10/07 - 08:05 PM EST
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Nothing is ever a sure thing on Wall Street, but investing in a non-profit health care company that turns into a for-profit company comes pretty darn close, Jim Cramer told viewers of his "Mad Money" TV show Monday. Cramer noted one group of stocks that fits this bill: non-profit Blue Cross-Blue Shield affiliates that turn into publicly held, for-profit companies. Cramer said he's run the numbers on the performance of these stocks, and the numbers show they work. During the first four years in the market, Cramer said he found that these stocks were up 28% a year on average. Last Friday, a company called Triple-S Management GTS went public, he said, and this one, just like the others, should make people a lot of money.
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