This Day On The Street
Continue to site right-arrow
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 Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

'Mad Money' Spotlight: Wind River, Axsys, Intuitive Surgical

As the great American philosopher Kenny Rogers once said, "you got to know when to hold 'em, know when to fold 'em."

Jim Cramer channeled The Gambler last night in offering up three stocks during last night's Sell Block segment on "Mad Money" -- Wind River Systems (WIND), Axsys Technologies (AXYS), and Intuitive Surgical (ISRG - Get Report).

Cramer recommended Wind River a year and a half ago, saying then that a takeover of the company was on the horizon. Shares in the Alameda, CA-based embedded software maker have gained 35% since.

Cramer's prescient call paid off yesterday, and now he said it's time to take the profits. Intel (INTC - Get Report) announced its acquisition of Wind River for $11.50 in cash, or $884 million. The deal is Intel's first in nearly a decade and could signal a move for the company beyond computer chips and into gadgets. Reportedly, Intel is eying other product markets, like smart phones -- and it just so happens that Wind River software can be found in products from Alcatel-Lucent, Verizon, BMW, Boeing and NASA.

But after the announcement, some analysts downgraded the company, saying it's unlikely Wind River will see another competing bid.

Axsys Technologies, too, saw a bid come in yesterday. This one, from defense giant General Dynamics (GD - Get Report) yesterday, was for $54 a share. By pegging the total value of the deal at $643 million, General Dynamics is buying the chance to play in markets beyond tanks, destroyers and submarines. The Connecticut-based Axsys specializes in making sensor systems for cameras and lenses. This marks an opportunity for General Dynamics to engineer products for wars and covert operations of the future involving long-range surveillance and infrared cameras.

1 of 2

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
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
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
GD $138.78 0.00%
INTC $33.25 0.00%
ISRG $500.00 0.00%
AAPL $128.46 0.00%
FB $78.97 0.00%

Markets

DOW 18,132.70 -81.72 -0.45%
S&P 500 2,104.50 -6.24 -0.30%
NASDAQ 4,963.5270 -24.3630 -0.49%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs