Mad Money Mailbag: Stem Your Stem Cell Enthusiasm
Editor's Note: The following are questions received from viewers of "Mad Money," seen every day at 6 p.m. EDT on CNBC.
What companies might be in a position to lead the way in stem-cell research?-- Craig from New York
James J. Cramer:
Stem-cell research is a dicey area to invest in. None of the companies have any real profits yet, and most are burning cash at a high rate. If I had to choose one, it would be
Geron
(GERN) - Get Report
. The company has more than 200 patents, and a decent balance sheet. I'd wait to buy it on a pullback, though, because it has had a nice run.
What is your take on Chesapeake (CHK) - Get Report?-- Eric from Maine
James J. Cramer:
I believe Chesapeake is a good company. Management has been actively buying the stock in the open market, and that speaks strongly to me about the strength of the underlying fundamentals in the energy space.
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