Jim Cramer's Stop Trading! Buy Celgene

Cramer sees Revlimid data as a huge opportunity.
Publish date:



(CELG) - Get Report

, Jim Cramer said Monday on


"Stop Trading!" segment.

Cramer said he believes that research unveiled this weekend on the company's Revlimid cancer drug shows that the stock has great upside. But Monday's flat stock performance shows the development is a "tree falling in the woods." Cramer believes the stock, up 50% over the last year at $61 and change, is "ready to roll again."

Cramer also likes


(WMT) - Get Report

, saying the stock's second straight 3% daily gain isn't a reason to wait for a pullback. Cramer said he agrees with an HSBC analyst's call that the stock could go to $61 in the next year from $50 and change Monday.

Cramer believes a Bear Stearns analyst's upgrade of


(SIRI) - Get Report

is a "big call" and that the analyst's track record should make investors take notice. Cramer said the call isn't working Monday, with the stock down 3 cents at $2.85, but he believes it could turn around and hit Bear's $4 price target.

At the time of publication, Cramer had no positions in stocks mentioned.

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