This Day On The Street
Continue to site right-arrow
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
TheStreet Open House

Jim Cramer's 'Mad Money' Recap: A Monster of an August

CSI: Cramer, the Sequel

For the second installment of "Cramer's Stock Investigation," or CSI, Cramer investigated five retail stocks that appear to have been the victims of a market hit-and-run.

Cramer said that DSW (DSW) saw its shares hammered 28% in a single day back in May when the company missed earnings. Since then the company and its shares have been making a comeback, capped off by this week's strong earnings announcement. This stock should never have been sold, Cramer concluded.

Then there's Sears Holdings (SHLD) , a stock without a pulse for many years. Even after divesting assets and closing stores Sears is still seeing sales and revenue declines. Cramer said this stock has too many problems and investors need to stay far away.

Lands' End (LE) , on the other hand, is a survivor, Cramer noted. Now that the company is free from Sears, he thinks the stock is a buy at just 15 times earnings.

Speaking of survivors, Cramer called the turnaround at Abercrombie & Fitch (ANF) "remarkable" and said this stock also should never have been sold in the first place.

Finally, Cramer said Ann (ANN) , formerly Ann Taylor, is benefiting from activist investors, which has prompted the company to consider selling itself to unlock value. Even without a sale, Cramer said this company has lots of options and could be worth $55 a share.

Executive Decision: Susan Salka

For his "Executive Decision" segment, Cramer sat down with Susan Salka, president and CEO of health care staffing company AMN Healthcare (AHS - Get Report) , a stock that's gained 15% since Cramer last checked in back in November.

Salka said now that hospitals have some clarity on what the Affordable Care Act will mean for them, staffing levels are returning to normal but still with strong growth that is projected to continue. She said demand is up across the board across all clients and all regions of the country.

When asked what's driving the demand for health care professionals, Salka said the growing economy, an aging population and the wave of newly insured patients are all contributing to the need for more doctors and nurses. She said among the retiring baby boomers are a lot of retiring health care workers, and we're just not replacing them fast enough.

Read More: Here Are the Top 5 Games on Twitch Right Now

Cramer said these are all the reasons why he likes AMN and continues to recommend the stock.

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 17,678.70 +6.10 0.03%
S&P 500 2,057.09 +5.27 0.26%
NASDAQ 4,771.7630 +13.8840 0.29%

Partners Compare Online Brokers

Free Reports

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