Cramer's 'Mad Money' Recap: The Next Big TV Market
Click here for an archive of Cramer's "Mad Money" recaps.
"What happened in our markets today is exactly why I've been focusing on Russian stocks all week," Jim Cramer told viewers of his "Mad Money" TV show Friday.
He reminded viewers that they should never rely solely on the U.S. economy and should always diversify, with at least 20% of their portfolios in overseas stocks.
Cramer, Yamana CEO Talk Gold |
var config = new Array(); config<BRACKET>"videoId"</BRACKET> = 1498093425; config<BRACKET>"playerTag"</BRACKET> = "TSCM Embedded Video Player"; config<BRACKET>"autoStart"</BRACKET> = false; config<BRACKET>"preloadBackColor"</BRACKET> = "#FFFFFF"; config<BRACKET>"useOverlayMenu"</BRACKET> = "false"; config<BRACKET>"width"</BRACKET> = 265; config<BRACKET>"height"</BRACKET> = 255; config<BRACKET>"playerId"</BRACKET> = 1243645856; createExperience(config, 8); |
For his final stock pick in his week-long "From Russia With Love" series of Eastern European stocks to own, Cramer recommended
Central European Media
(CETV) - Get Report
.
According to Cramer, the story at CETV is simply one of growth, growth, and more growth. The company commands a phenomenal 43% marketshare in its home country of the Czech Republic, and has sizeable share in every country where it operates.
"CETV blankets all of Eastern Europe," said Cramer. Better still, all of CETV's markets are under-penetrated, with ad revenues growing at 5% a year on average.
CETV is up 61% since he first recommended it on Nov. 29, 2005. Cramer is reiterating his buy, citing the company's stellar fourth-quarter results, in which it posted a 41% increase in revenues. The company trades at just 16.8 times expected earnings, but has a long-term growth rate of 31%.
"I call a stock cheap when the company has good fundamentals and it trades at a multiple below its growth rate," said Cramer. "Get into CETV while it's cheap," he continued.
Head North for Natural Gas
Cramer looked to the north to recommend
Canadian Natural Resources
(CNQ) - Get Report
, the second largest oil and natural gas producer in Canada, as the last in his series of "catch-up" stocks that lag against their peers.
According to Cramer, CNQ has been under-performing due to delays and cost overruns associated with the company's Horizon oil shale project. This project, once online, has the capacity to produce up to 110,000 barrels of oil a day.
"This is huge," said Cramer, who noted that many investors has lost sight of the project's true potential amidst the flurry of negative media reports.
He noted that CNQ's current oil production is only 609,000 barrels of oil a day. In addition, CNQ has the second largest land position in Canada's oil share region. The company is estimated to have up to 3.6 billion cubic feet of potential reserves.
Cramer said he thinks CNQ could become the next
Apache
(APA) - Get Report
or
Anadarko
(APC) - Get Report
. He noted the stock trades at just 13.1 times expected earnings while the industry average multiple is 13.9.
Cramer said CNQ deserves a premium multiple once the Horizon project comes online in the third quarter of this year.
Am I Diversified?
Cramer responded to callers seeking advice on portfolios.
The first caller's portfolio included
Triple-S Management
(GTS) - Get Report
,
Gushan Energy
( GU),
Petrobras
(PBR) - Get Report
,
LKQ Corp
( LKQX) and
Mobile Telesystems
(MBT) - Get Report
.
After some thought, Cramer blessed it as different enough to make the grade.
The second caller's top holdings included
Pepsi
(PEP) - Get Report
,
Johnson and Johnson
(JNJ) - Get Report
,
Nike
(NKE) - Get Report
,
Johnson Control
(JCI) - Get Report
and
ExxonMobil
(XOM) - Get Report
.
Cramer said it was "a fabulous portfolio."
The third caller's portfolio had
Boeing
(BA) - Get Report
,
Caterpillar
(CAT) - Get Report
,
Southern Copper
( PCU),
Procter and Gamble
(PG) - Get Report
and
Wells Fargo
(WFC) - Get Report
as its core holdings.
Cramer blessed this portfolio as diversified with many of his favorite names present.
The final caller's portfolio included
Wells Fargo
(WFC) - Get Report
,
McDonald's
(MCD) - Get Report
,
Walt Disney
(DIS) - Get Report
,
PG&E
(PCG) - Get Report
and
Dow Chemical
(DOW) - Get Report
.
Cramer also thought this portfolio was fantastic.
Mad Mail
In this segment, Cramer told a viewer to sell
Carnival Corp
(CCL) - Get Report
.
Cramer told the second viewer that he felt
Wal-Mart
(WMT) - Get Report
was a strong buy, while he told a third viewer that its time to sell
Washington Mutual
(WM) - Get Report
.
Lightning Round
In the Lightning Round, Cramer was bullish on
Merck
(MRK) - Get Report
,
Schlumberger
(SLB) - Get Report
,
Boeing
(BA) - Get Report
and
Mastercard
(MA) - Get Report
.
Cramer was bearish on
Veolia Environnement
(VE)
,
Aircastle
(AYR) - Get Report
,
Jefferies Group
(JEF) - Get Report
,
Motorola
( MOT),
Cheniere Energy
(LNG) - Get Report
,
Pfizer
(PFE) - Get Report
,
Micron Technology
(MU) - Get Report
,
Visa
(V) - Get Report
and
Manitowoc
(MTW) - Get Report
.
Want more Cramer? Check out Jim's rules and commandments for investing by
.
For more of Cramer's insights during the Lightning Round, click here
.
At the time of publication, Cramer was long Goldman Sachs.
Jim Cramer, host of the CNBC television program "Mad Money," is a Markets Commentator for TheStreet.com, Inc., and CNBC, and a director and co-founder of TheStreet.com. All opinions expressed by Mr. Cramer on "Mad Money" are his own and do not reflect the opinions of TheStreet.com or its affiliates, or CNBC, NBC UNIVERSAL or their parent company or affiliates. Mr. Cramer's opinions are based upon information he considers to be reliable, but neither TheStreet.com, nor CNBC, nor either of their affiliates and/or subsidiaries warrant its completeness or accuracy, and it should not be relied upon as such. Mr. Cramer's statements are based on his opinions at the time statements are made, and are subject to change without notice. No part of Mr. Cramer's compensation from CNBC or TheStreet.com is related to the specific opinions expressed by him on "Mad Money."
None of the information contained in "Mad Money" constitutes a recommendation by Mr. Cramer, TheStreet.com or CNBC that any particular security, portfolio of securities, transaction, or investment strategy is suitable for any specific person. You must make your own independent decisions regarding any security, portfolio of securities, transaction, or investment strategy mentioned on the program. Mr. Cramer's past results are not necessarily indicative of future performance. Neither Mr. Cramer, nor TheStreet.com, nor CNBC guarantees any specific outcome or profit, and you should be aware of the real risk of loss in following any strategy or investments discussed on the program. The strategy or investments discussed may fluctuate in price or value and you may get back less than you invested. Before acting on any information contained in the program, you should consider whether it is suitable for your particular circumstances and strongly consider seeking advice from your own financial or investment adviser.
Some of the stocks mentioned by Mr. Cramer on "Mad Money" are held in Mr. Cramer's Action Alerts PLUS Portfolio. When that is the case, appropriate disclosure is made on the program and in the "Mad Money" recap available on TheStreet.com. The Action Alerts PLUS Portfolio contains all of Mr. Cramer's personal investments in publicly-traded equity securities only, and does not include any mutual fund holdings or other institutionally managed assets, private equity investments, or his holdings in TheStreet.com, Inc. Since March 2005, the Action Alerts PLUS Portfolio has been held by a Trust, the realized profits from which have been pledged to charity. Mr. Cramer retains full investment discretion with respect to all securities contained in the Trust. Mr. Cramer is subject to certain trading restrictions, and must hold all securities in the Action Alerts PLUS Portfolio for at least one month, and is not permitted to buy or sell any security he has spoken about on television or on his radio program for five days following the broadcast.