Skip to main content

RealMoney Radio Mailbag: Get Your ZZs

A listener learns why Cramer likes Sealy.

Editor's note: The following are questions received from listeners of "RealMoney Radio." To send Cramer a question about topics from his radio show, click here. Listen to Cramer's latest radio show by clicking here.

What is your take on the recent IPO of Sealy (ZZ) ?-- Anonymous

Jim Cramer

: I believe the nation's leading mattress maker, which went public last week at $16 a share, remains attractive to purchase below $18. The company can likely earn more than $1 a share in 2007, is paying down debt and will likely initiate a cash dividend over the coming quarters. With that in mind, I believe Sealy can eventually trade up toward $20 a share.

What exactly does the volume indicator at the bottom of a stock chart represent?-- Austin from Indiana

Jim Cramer

: In most cases, this chart refers to the total volume, or number of shares, traded for any given period. On a longer-term chart, this is usually measured on a daily basis. That said, more advanced software tools will break the data down by hour or minute.

Want more Cramer? Check out Jim's rules and commandments for investing from his latest book by

clicking here