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Brush Up on Metal
Jim Cramer gave his "Mad Money" TV show viewers a rundown of his best mineral and metals plays, including titanium, with
; and ceramics, with
"We've been practically coining money in zinc, copper and iron ore," he said, adding that
( RTP) also rose after he recommended them.
Cramer didn't give this list to rest on his laurels, but in order to get viewers psyched for his next "mineral pin-action winner," beryllium.
He called it the next titanium because it is one of the lightest metals in the world and is very stable across a wide range of temperatures.
And he likes
Brush Engineered Materials
because it's practically the only fully integrated producer of beryllium in the world.
Brush makes 39% of its money from telecom and computer parts, because beryllium is very conductive and stable.
But it's the aerospace business that Cramer really likes. The thinks that beryllium is a relatively unexploited play on the industry's need for lighter, more fuel efficient planes.
When combined with copper alloys, beryllium is used in satellites, superfast aircraft, missiles and spaceships.
He added that it is also a necessary component in atomic bombs and that beryllium demand is growing.
( KRY) at $2.60, and now it's up to $4.42, in large part because "gold has done nothing but rise in the last three months."
So why not ring the register for a quick 75% gain? He believes that there's a two-part story behind why the stock will go higher: gold prices and Hugo Chavez.
For starters, gold prices are rising because of demand in India and China, which is driven by a lot more than jewelry.
People in those countries are buying 24-karat gold as a hedge against "the fiscal profligacy" of their governments, Cramer said.
In other words, they worry that their governments could run inflationary budgets, so people are protecting their new wealth by putting it into gold.
Meanwhile, major gold companies are producing flat out and can't replace their reserves, which he said is bullish for the metal.
By why Crystallex? Cramer said the stock is levered to the fact that Hugo Chavez will allow the mine to operate, despite Wall Street worries that the leader of Venezuela would nationalize the company.
Cramer believes that "Wall Street doesn't know how to handle communist strongmen like Hugo Chavez" and that the Street is still worried about whether he'll let Crystallex mine.
For the six years since Chavez has been in power, there have been no nationalizations, Cramer said. "If he wanted to confiscate gold, he would have done it last week."
Last week the company got permission from the Venezuelan Mineral Bureau to mine, and now only needs approval from the state's Environmental Commission. Cramer believes that this approval is imminent.
He said that Chavez understands big business and that he would be wiling to bet that Crystallex gets approval. That's when Cramer believes the stock will pop.
Plus, it's the largest, cheapest gold mine around, Cramer said, and now that it's close to getting approval to operate he says it could also be a takeover candidate.
Gold Fields Ltd.
operate in Venezuela, and if Crystallex gets approval, Cramer believes that Goldfields could be a buyer.
Am I Diversified?
Cramer doesn't want viewers to let their fortunes ride on just one sectors because "we diversify to get a basket of winners." So viewers called into play "Am I Diversified?" meaning they told Cramer their top five positions and he told them whether their portfolios represented five different sectors.
The first caller had
( DCX) and
, a portfolio that Cramer said was diversified.
With none of a kind, he said "in poker it's the worst hand, but in 'am I diversified?' that's hallelujah."
But a portfolio with
was not diversified.
Cramer liked a lot of the stocks in the portfolio, which was composed of three tech stocks, a real estate tower play -- which is tech-related -- and a biotech company.
"You've got a train wreck coming," Cramer said.
The last caller owned
Johnson & Johnson
Florida East Coast Industries
Procter & Gamble
"You're running a health care fund. ... You could be a health care manager," Cramer said, adding that Johnson & Johnson, Procter & Gamble and OSI are all drug companies.
Terren Peizer, chairman and chief executive officer of
( HYTM), joined Cramer to discuss the company's Prometa treatment, which it hopes will be effective in combating alcohol, cocaine and methamphetamine addictions.
Peizer said that the treatment is doing well in studies so far, and that insurance companies have said they will pay for the treatment once the company shows controlled, third party-validated data.
Hythiam doesn't have that data yet, but Peizer believes the company's drug will perform well and that the necessary data is coming soon.
However, Cramer was still lukewarm on the stock, saying that he needs to see results from double-blind studies before he'll fully get behind the stock.
To view Cramer's interview with Peizer,
Cramer was bullish on
United States Steel
AK Steel Holding
Cramer was bearish on
Annaly Mortgage Management
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As originally published, this story contained an error. Please see
Corrections and Clarifications.
At the time of publication, Cramer was long Countrywide Financial, BHP Billiton, Procter & Gamble and Cephalon.
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."
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