This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
$1 buys you full access to ALL of TheStreet's Subscription Services! Learn More

Cramer's 'Mad Money' Recap: Safe Harbors for Investment

Using the NPS treatment, patients will be able to leave the hospital and return to their jobs and to normal lives, said Nader, which makes the cost of the treatment not only invaluable to patients, but also a great savings for insurance providers.

Nader noted that a full 100% of patients surveyed said they were interested in trying the drug and NPS even has a program in place to help patients with their co-pays if they have them. Nader said that no patient will be denied this treatment for a lack of the ability to pay.

Cramer said that while some may scoff at the thought of a $300,000 a year drug, clearly it is far better than the alternative, which is why orphan-drug makers like NPS are so critical to our health-care system. He once again recommended the stock of NPS Pharmaceuticals.

Stock Showdown

It's playoff season, Cramer told viewers, and that means the best football teams square off against each other. But it's also time to put the top-performing stocks against each other.

That's why he looked at Home Depot (HD) and Bank of America (BAC), two of the top-performing Dow stocks last year, to see which one makes the grade for 2013.

Cramer said both companies are excellent and both will see their share prices head higher in 2013, but Home Depot is the quintessential "A" student that just keeps on delivering more "A's." Bank of America, however, was a "C-" student that's been hitting the books and is now a solid "B" student now that Wall Street is starting to notice and reward.

Bank of America needs a healthy economy in order to recover, noted Cramer. Fortunately, the U.S. economy is starting to deliver with stronger housing, autos and maybe even job growth soon.

Many of the worries for this sector are now behind it. Bank of America, in particular, has taken out huge costs, cleaned up its balance sheet and is receiving approvals to return more capital to shareholders. Shares of Bank of America may be up 109% for 2012, but it still trades at a 30% discount to its tangible book value, said Cramer.

2 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

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
Stocks Under $10

Jim Cramer's protégé, David 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
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, 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
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,810.06 +91.06 0.51%
S&P 500 2,063.50 +10.75 0.52%
NASDAQ 4,712.97 +11.1030 0.24%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs