Click here for an archive of Cramer's "Mad Money" recaps.
Cramer's stock pick of the day is Talisman Energy ( TLM) because he believes that mutual fund managers will pour money into the stock in January. At the beginning of every year, Cramer told viewers, mutual fund managers sit down and anoint stocks that in turn do well because mutual fund money pours into them. " Schlumberger ( SLB) was anointed last year, and look how well it did compared to its peers," said Cramer. "You want these stocks before they're anointed, before all the mutual fund buying comes in over the transom in January," Cramer said. Get in before the stock starts to rise, he added. The only sector Cramer believes that mutual funds will want is oil, and of that sector he picks Talisman, the former Canadian unit of BP ( BP), because of their growth prospects. "Fund managers will buy this stock because it should be able to see production growth of 10% per year through 2008,"said Cramer. Compare that with most major oil companies that have been looking at production decreases.
click here .