
Jim Cramer's Top Takeaways: Hasbro, Fortinet, Randgold
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Did you miss last night's "Mad Money" on CNBC? If so, here are Jim Cramer's top takeaways for today's trading.
Hasbro (HAS) - Get Report : In his first exclusive interview, Cramer sat down with Brian Goldner, chairman, president and CEO of Hasbro, which posted another strong quarter on April 18, thanks to its many powerful toy brands including licenses for Walt Disney (DIS) - Get Reportmerchandise.
Goldner said Hasbro is seeing a lot of success from its Disney partnership, which includes both the Marvel comics and Star Wars. He said Hasbro typically releases toys six to eight weeks ahead of a movie's release and continues to see strong sales as the movies move into home video. More importantly, Goldner said the Hasbro treats Disney's brands like their own and people love their toys.
Beyond movie-related merchandise, Goldner is bullish on Nerf, a decades-old brand that still remains Hasbro's largest, and on international growth, which now accounts for a full 50% of the company's revenues.
Even a brand like Playdoh is growing, Goldner said, and remains a wonderful brand with higher than average gross margins.
Cramer remains bullish on Hasbro.
Fortinet (FTNT) - Get Report : In his second interview, Cramer also sat down with Drew Del Matto, CFO of cyber security company Fortinet, which has seen its shares rally 37% over the past three months.
Del Matto said the transition to the cloud is adding a lot of complexity to the cyber security market. Companies now need an integrated solution that starts at the cloud and extends all the way to the Internet of things. That's why Fortinet has the software, services and partnerships to keep all of its 270,000 customers safe.
As for that Internet of Things, Del Matto noted that it's estimated that one-fourth of all security breaches will stem from those connected devices by 2020, making an end-to-end security plan even more important.
Del Matto also touted NATO as one of Fortinet's clients, saying the organization is under constant attack and his company continues to help it battle the threats.
Cramer said that Fortinet is a stock that he's liked for a long time and continues to like.
Randgold Resources (GOLD) - Get Report : For his third interview, Cramer also spoke with Mark Bristow, CEO of Randgold Resources, which delivered a small earnings beat with aggressive cost cuts but failed to meet its production numbers due to setbacks at two of the company's gold mines.
Bristow said every quarter cannot be the company's best quarter and that every now and then there will be setbacks. He reminded viewers Randgold was still able to grow its cash position this quarter and continues to have no debt on its balance sheet.
Randgold is addressing the challenges, Bristow said, but noted it's hard to work in remote places. The fundamentals remain intact, Bristow continued.
He said that you still can't trust politicians or paper money, which is why gold remains in demand around the globe. The price of gold has risen 20% so far this year.
Cramer reiterated that every portfolio should include some gold, and the gold stock to own is Randgold.
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At the time of publication, Cramer's Action Alerts PLUS had no position in stocks mentioned.












