Cramer's 'Mad Money' Recap: Star Spangled Portfolio (Final)
Cramer said he's willing to overlook the company's revenue and earnings shortfall, and the opaqueness of the company's recent acquisition of Instagram, because Facebook has the "demo," the people (demographics) that advertisers are clamoring for. Facebook is immensely profitable, said Cramer, calling the company "the real thing."
Cramer acknowledged that without knowing the final price of the deal, this recommendation to buy is being made in a vacuum. But Cramer also noted that he advised selling the IPOs of Yelp (YELP), Groupon (GRPN), Pandora (P) and Zynga (ZNGA) and would still be a seller of these companies. Only Facebook, he determined, has a solid business model.
Lightning Round
In the Lightning Round, Cramer was bullish on Allison Transmission (ALSN), Intuitive Surgical (ISRG), Lions Gate Entertainment (LGF) and Whole Foods Markets (WFM).Cramer was bearish on Accuray Incorporated (ARAY) and SuperValu (SVU).
--Written by Scott Rutt in Washington, D.C.
To contact the writer of this article, click here: Scott Rutt. Follow TheStreet on Twitter and become a fan on Facebook. To submit a news tip, send an email to: tips@thestreet.com. To watch replays of Cramer's video segments, visit the Mad Money page on CNBC. Click here to sign up for Jim's Daily Booyah to get the Mad Money recap delivered to your inbox. For more of Cramer's insights during the Lightning Round, click here.Select the service that is right for you!
COMPARE ALL SERVICESAction Alerts PLUS
TRY IT FREEJim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
Product Features:
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
TheStreet Quant Ratings
TRY IT FREENew! $49.95/yr
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
- Upgrade/downgrade alerts
Stocks Under $10
TRY IT FREEDavid Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.
Product Features:
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
- Weekly roundups
Dividend Stock Advisor
TRY IT FREEJim Cramer's protege, 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
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
TRY IT FREEAll of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
Product Features:
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Options Profits
TRY IT FREEOur options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
Product Features:
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV