Cramer's 'Mad Money' Recap: No Vacation Without Legislation
Cramer suggested taking a pass on PrivateBancorp (PVTB).
Asked via Twitter about Mondelez International (MDLZ), a holding in Cramer's charitable trust, Action Alerts PLUS, he said the former Kraft unit has seen its stock going down since the spinoff. It's a fast-growing snacks business overseas. It acts terrible. It's got a terrific restructuring, so buy it and be patient.
Is it time to ring the register on Johnson and Johnson (JNJ) and Enterprise Products Partners (EPD)? tweeters ask.
But Cramer asks, why would you ring the register? Did something happen? Are there fact changes? JNJ could split up and immediately go to $75, $80 a share, Cramer is a buyer. Likewise, no way should you sell EPD, Cramer said, it has one of the best and safest yield. Buy more.
No Huddle Offense
Who is really doing well in retail? Cramer asked. Well, with holiday shopping season in full swing and consumers facing a real wallop to the paycheck come Jan. 1 if there is no deal, the winner is Lululemon (LULU). Lulu's last earnings numbers were "astounding," Cramer said, but its weak outlook has gotten investors nervous. Cramer scoffed at that. Lulu customers tend to be wealthy so won't be as affected by the fiscal cliff. It has 200 stores and can easily open more, including internationally, where it has started to expand. Its yoga clothes are well-made and it encourages better health. "It's not too late to buy Lulu," Cramer concluded. To sign up for Jim Cramer's free Booyah! newsletter with all of his latest articles and videos please click here. To watch replays of Cramer's video segments, visit the Mad Money page on CNBC. -- Written by Anthony Buccino and Margo D. Beller in New York.Select the service that is right for you!
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