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It's time to ignore sideline analysts who have been consistently wrong about Google ( GOOG), Jim Cramer told viewers of his "Mad Money" TV show Wednesday.

Every time Google's stock rises, bears scream that it's expensive and scary. At every benchmark, people have said that Google's market growth is too high.

"At this point you have a duty to yourself and a duty to your wealth," Cramer said, "never to take financial advice from anyone who doesn't recommend Google." Analysts that knock Google can only be so wrong about a stock for so long before admitting they're wrong, he said, and it's time for investors to stop paying attention to the bears.

Cramer said his price target for Google has always been lower than where he actually thinks it's going to go.

Cramer then raised his price target to $750. "This is a total and unequivocal lowball estimate," Cramer said.

This estimate might seem overly exuberant, but Cramer believes it's based on genuine arithmetic. If Google earns $20 a share next year and continues its trend of 30% growth, it should hit $750. He then said that a nonconservative but rational price estimate would be $900.

Cramer assured viewers that Google isn't a flash in the pan -- and isn't even a momentum stock. He believes that the market has tremendously undervalued it from the beginning.

Bears believe that the Internet boom taught investors that any fast-growing dot-com stock won't last. Cramer pointed out that Google's brand is so powerful that "to Google" is a verb. Google is the first brand to do that since Xerox ( XRX). Furthermore, 70% of the world uses Google. Cramer believes that the company could easily capture 10% of the advertising market, bringing in $60 billion in advertising revenue.

Google has "wildly outperformed" the rest of Cramer's tech "four horsemen": Apple ( AAPL), Amazon ( AMZN), and Research In Motion ( RIMM).

One of Google's principle advantages is that it is one of the few stocks with 30% growth. It's difficult to assign a multiple to a stock that grows so fast, Cramer said. He compared Google to other fast-growing stocks, such as Hologic ( HOLX) and Research In Motion, the former of which Cramer owns for his Action Alerts PLUS charitable trust.

Compared to every other stock in its growth league, Cramer believes, Google is cheap.

We Have the Technology

Cramer said he loves the new TV show Bionic Woman, not just because it's on NBC, but also for the stock opportunities it showcases. He urged viewers to look at stocks, such as Alcon ( ACL), that are in the business of "building bionic women and $6 million men."

Baby boomers' bodies are starting to break down as they reach their golden years. Like the bionic women, they need spare parts and replacement parts, Cramer said. Companies that fulfill this need are good buys.

Two such stocks, Smith and Nephew ( SNN) and Stryker ( SYK), fit the bill.

Both companies make orthopedic implants, devices used to replace hips, knees and other joints.

Currently these companies are being held back by a Justice Department investigation of a group of producers of such devices. Allegedly, these companies have unorthodox relationships with surgeons. Stryker has so far avoided punishment, making it more attractive than Smith and Nephew. Furthermore, on pure growth, Stryker is cheaper.

Once the DOJ investigation ends, Cramer believes Stryker will take off. He called the company cheap, even at a 52-week high. "It's just the beginning," he assured viewers. He believes Stryker is due for a 36% gain.

Am I Diversified?

Leading into the "Am I Diversified" segment of the show, Cramer stressed the power of a diversified portfolio.

The first caller asked about his core of Google ( GOOG), eBay ( EBAY), Wachovia ( WB), Nastech ( NSTK) and Southwest ( LUV).

Cramer said Southwest is not his favorite airline. He prefers United ( UAUA). Even though eBay is an exciting stock that might be bought soon, it overlaps with Google. He recommended selling eBay and buying a defensive stock.

A second caller said his portfolio included Wells Fargo ( WFC), Lockheed Martin ( LMT), Texas Instruments ( TXN), Exxon Mobil ( XOM) and Dover ( DOV).

"Hallelujah," Cramer said. There is a picture of this caller in the dictionary next to the entry for "diversification."

A third caller asked about Wachovia ( WB), Research in Motion ( RIMM), Schlumberger ( SLB), Lockheed and Lundin Mining ( LMC).

This portfolio was also well-diversified, earning another "Hallelujah" from Cramer.

Bullish On BioMarin

Because Cramer likes biotech specs that stand a chance of making money, he welcomed Jean-Jacques Bienaime, CEO of BioMarin ( BMRN), to the show.

Cramer said that BioMarin stands out because it stands a "good chance" of showing a profit next year. The company's drug, Kuvan, treats a rare metabolic disorder called phenylketonuria.

Bienaime called phenylketonuria an "orphaned disease" and said that Kuvan will be the first product ever approved to treat this disease. Currently, there is no treatment available for this disease comparable to Kuvan. The FDA must make a decision about Kuvan by Nov. 25.

Cramer said BioMarin is a worthwhile biotech stock.

Cramer closed the show by apologizing for recommending Downey ( DSL). It has not performed in accordance with his expectations.

Lightning Round

Cramer was bullish on China Mobile ( CHL), Enterprise Product Parners ( EPD), Schering-Plough ( SGP), Celgene ( CELG), Sanofi-Aventis ( SNY), Manulife ( MFC), Prudential ( PRU), Metlife ( MET), E-Trade Financial ( ETFC), Furmanite ( FRM),

ITT ( ITT), Transocean ( RIG), Schlumberger ( SLB) and Hudson City ( HCBK).

Cramer was bearish on: KongZhong ( KONG), Pioneer Drill ( PDC), NightHawk ( NIHK), New York Community Bank ( NYB) and MDU ( MDU).

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

For more of Cramer's insights during the Lightning Round, click here .
At the time of publication, Cramer was long Hologic and Transocean.

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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