Cramer's 'Mad Money' Recap: Next Week's Game Plan
Returning to the "Breaking Bad" series, Cranston said that even the drug trade needs smart people to run highly efficient operations, just as the rest of the business world. "These are smart, careful people," he added.
Cramer said while he doesn't condone the drug trade, he said that viewers of the series can sure learn a lot about how to run a successful small enterprise.
No Huddle Offense
In his "No Huddle Offense" segment, Cramer opined on today's Workday (WDAY) initial public offering, a deal that was priced into the stratosphere at 40 times sales, even though the company has no earnings.
Cramer said that on the surface it may seem like a repeat of the 1999 dot-com blast zone, but if you think about it Workday's valuation makes sense.
He said unlike the Facebook (FB) IPO, Workday did everything right. Management was not selling on the deal, they were buying. The company priced the deal low and wasn't greedy. Finally, Workday offered 14% of their stock to the public, instead of a tiny sliver that would create incredible demand. Cramer said in an environment where technology is unseasonably weak outside of Apple (AAPL) and a handful of others, it makes "a ton of sense" that investors are willing to pay up for a company with sustainable long-term growth. -- Written by Scott Rutt in Washington, D.C. To email Scott about this article, click here: Scott Rutt Follow Scott on Twitter @ScottRutt or get updates on Facebook, ScottRuttDC To watch replays of Cramer's video segments, visit the Mad Money page on CNBC.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
Dividend Stock Advisor
TRY IT FREENew! $49.95/yr
Jim 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
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
Real Money
TRY IT FREE24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.
Product Features:
- Jim Cramer + 20 Wall Street pros
- Intraday commentary & news
- Real-time trading forum
- Actionable trade ideas
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