Cramer's 'Mad Money' Recap: Next Week's Game Plan
However, he told investors, if you are going to invest in Stratesys, wait for a fiscal cliff-inspired pullback before you pull the trigger.
Apple (AAPL) is one of the most talked-about stocks. One reason is the sickening decline of its stock price from $700 to $500.
It's an embarrassment of riches. It makes too much sense not to sell and lock in gains, especially ahead of the rise in capital gains tax rates expected next year.
"Today's news about Apple makes me wonder if its inventory is beginning to back up," Cramer said.He said his charitable trust "did some selling -- about 90 points ago" in Apple shares because the stock had gone up so much we'd become the Apple fund, he explained. "We took some profits." Cramer confessed to being very worried about the company's lack of a new OMG (Oh, My God) product and that could damage long-term prospects. The trust is holding on to the rest of its stock because Apple is a good investment that's inexpensive, even after an analyst cut the target price. Cramer said Google (GOOG) has a lot going for it but as ad margins continue to decline, "I think the stock could sag." Research in Motion (RIMM) is more a sell than a hold, Cramer said. "Take some off the table." "I think most of RIMM's future depends on the reception to its new device, and that worries me," Cramer said. "I would steer clear of Netflix (NFLX)," Cramer said. "I expect they'll need to raise cash following the deal with Disney (DIS)." Amazon (AMZN) will go big, he predicted. "While I think JC Penney (JCP) could go higher from here, I expect Bed, Bath and Beyond's fundamentals to decline. "The battleground plays may top the headlines but I think you're better off with something more boring," Cramer said.
Lightning RoundIn the Lightning Round, Cramer was bullish on Facebook (FB), Chenier Energy Partners (CQP) and Con Edison (ED). He was bearish on Chenier Energy Inc. (LNG), Fortress Investment Group (FIG) and SiriusXM (SIRI).
Speculation FridayIs fear of the fiscal cliff taking the pleasure out of investing? If so, Cramer has an answer -- a bit of speculation. Not too much, he stressed. Nothing wrong with one stock in 10 being a riskier play.
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