Mad Money Follow-Up
Cramer's 'Mad Money' Follow-Up: Dec. 3
Best Buy(BBY) : Cramer recommended Best Buy ahead of its Dec. 15 earnings report. He said Best Buy is gearing up to report a blowout quarter, partly due to positive news from companies such as Nokia(NOK), Apple(AAPL), Corning(GLW) and Microsoft(MSFT). "It's a gadget Christmas, and Best Buy has the goods," he said. He said the stock is still cheap.
On Thursday, Best Buy closed up 41 cents, or 1%, at $43.54. Nokia lost 19 cents, or 1.5%, to close at $12.75; Apple added 25 cents, or 0.3%, to $196.48; Corning closed off 23 cents, or 1.3%, at $17.59; and Microsoft added 5 cents, or 0.2%, to $29.83. JPMorgan(JPM): In his "Lightning Round" segment, Cramer called JPMorgan the "best-run, best-capitalized company" and said he'd just bought more of the stock for his Action Alerts PLUS charitable trust. On Thursday, JPMorgan lost 53 cents, or 1.3%, to close at $41.40.| Stockpickr: Who Owns JPMorgan? |
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