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Jim Cramer is switching horses in the cosmetic laser field, he told viewers of his "Mad Money" TV show Monday.
Cramer said to take profits in former king
and ride the "newest, hottest laser company," best-of-breed
Cynosure began trading Friday, and its stock was up from its offering price. But it wasn't up too much, said Cramer. That's a bullish sign, he said, and he believes Cynosure's stock will have "five more days of goodness."
Cramer likes Cynosure's cosmetic lasers because they are more cost effective than those of its competitors. Cynosure's lasers are modular, meaning one laser can be used for different applications by fitting it with a different module.
Cynosure, like all laser companies, is speculative, though, said Cramer. However, the company has good revenue growth as revenue grew to $40.9 million for the first nine months of 2005 vs. $29.4 million for the same period in 2004.
The company has also improved operating margin to 10.9% from 4.4% a year ago, and gross margin is 53.3%, expected to grow to 60% or more.
Be conservative when placing orders to buy Cyneron, said Cramer, and always use limit orders.
In response to a question about
, Cramer said the military laser company hasn't had great revenue growth and is not profitable. So, he is not comfortable endorsing the stock.
Clean Up With Clean Coal
has a cover story about "clean coal" as the new black gold, said Cramer, and he wants to do a 'mon back* on power plant design and emission control company
Cramer said when natural gas was at $5, clean coal made no sense. But with natural gas at $15, "clean coal becomes a lot more cost effective," especially with government subsidies, he said.
URS has partnered with
Mitsubishi UFJ Financial Group
to build clean coal plants in the U.S., and its scrubbers are already being used by the Tennessee Valley Authority. Europe will also need clean coal technology, said Cramer.
URS has been paying down debt, he said, and is a healthy company that's getting healthier.
In response to a question about
International Coal Group
( ICO), Cramer said ICO is "going to be great." He's just not sure about the time frame. In the meantime, Cramer would go with
VeriSign's Jamba Deal Now a Steal
Cramer, who has been bullish on
, has deciphered "another great reason to own the stock," he said.
VeriSign, in Cramer's view, has been held down because it acquired cell-phone ring-tone company Jamba and the market disapproved. But, last week,
( ERTS) acquired cell-phone ring-tone company
( JMDT) and "nobody's complaining," said Cramer.
"How does a video-game company owning a ring-tone company make more sense than a Web company owning a ring-tone company? I don't get it. It doesn't," said Cramer.
What's more, VeriSign paid a little less than 3.5 times sales for Jamba whereas Electronic Arts paid about 10 times sales for Jamdat, he said.
"ERTS buys a ring-tone company for 10 times last year's sales and gets praised?" asked Cramer.
In retrospect, maybe VeriSign's acquisition was smart, he said. And, maybe VeriSign didn't overpay, he added.
"That means, not only should Verisign go up for all these other positives, it's also got Jamba's ring-tone growth on the cheap now. What a great reason to buy a stock."
"People will figure this out as the earnings reports come, as the analysts do the math," he said.
In response to an email about
, Cramer said "Sony is getting its butt kicked by everybody," and he'd sell the stock.
, Cramer said V.F.'s The North Face brand is "smoking." But, it only accounts for 5% of the company, so it is "not big enough to carry the whole thing." Cramer would wait until the company reports quarterly results before buying the stock.
( PKS), Cramer said, "I need you to sell that thing nine ways to Sunday. There is nothing there whatsoever."
Cramer said he is concerned about raw costs affecting
Core Molding Technologies
, which makes fiberglass parts for trucks and other vehicles. Cramer prefers
as a play on the truck replacement cycle.
Commenting on gaming stocks, Cramer said he isn't a fan of either
International Game Technology
Finally, Cramer bailed out of his recommendation from last week of
. The company's AIDS test "looks like it has too many false positives. ... I think you have to go. I would sell the stock," said Cramer.
Cramer was bullish on
United Parcel Service
Sierra Pacific Resources
( SRP) and
Cramer was bearish on
Level 3 Communications
True Religion Apparel
For more of Cramer's insights during the Lightning Round, click here
*For all you home-gamers, a 'mon-back opportunity means Cramer would back up the figurative truck and load up on a stock.
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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