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Cramer's 'Mad Money' Recap: Finishing Strong

12/21/07 - 07:53 PM EST

TheStreet.com Staff

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


The best way to finish the year is by taking advantage of the opportunity in stocks being "marked up," Jim Cramer told viewers of his "Mad Money" TV show on Friday.

Cramer said he has five targets, which not only should get an end-of-the-year performance boost from institutional shareholders buying additional shares, but are worth owning anyway.

First, Cramer said, is Jacobs Engineering JEC. This company has a strong demand for new projects and should see increased profits.

Next is MEMC Electronic Materials WFR, which makes the ever-popular silicon wafers, has a new contract with Conergy worth $7 billion or $8 billion and could have a similar contract next year.

Another markup target is Apple AAPL, a stock that needs no introduction, Cramer said. Apple's product demand is strong, and it's a stock that money managers need to show they own at the end of the year.

Also, video-game retailer GameStop GME, which is selling the popular Nintendo Wii console, should benefit from an end-of-the-year markup.

Finally, there is Monsanto MON, which sells hybrid corn seeds that increase corn production.

There is some time sensitivity involved here, so people should consider pulling the trigger next week on these stocks, Cramer said.

Welcome to the Wall of Shame

Cramer has removed both Marsh & McLennan's MMC Mike Cherkasky and Sprint's S Paul Saleh from his "CEO Wall of Shame" because both are no longer at the helm of their respective companies.

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At the time of publication, Cramer was long Freeport McMoRan.

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."

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