"You need to seriously consider selling your casino stocks before they lose you even more money," Jim Cramer told viewers of his "Mad Money" TV show Thursday. Worried about a serious downturn in the gambling industry, Cramer says he's putting casino stocks on the sell block. He was particularly bearish on Las Vegas Sands ( LVS), which missed earnings estimates by 19 cents a share the last time it reported, and also on Wynn Resorts ( WYNN).
Wind River's Hidden ValueCramer touted Wind River Systems ( WIND) as another beaten-down technology stock investors should consider. Wind River, he says, recently partnered with Google's ( GOOG) Open Handset Alliance to make embedded systems for cell phones running the company's new Android operating system. In a bull market, Cramer notes, the market would be paying twice this level for news of that caliber. Plus, the company has other substantial deals in the pipeline, he adds. Wind River, Cramer says, could also be a natural takeover candidate and fetch as much as $15 per share. With the stock down 33% from its recent highs, Cramer sees value in the stock.
One on One With TrumpIn an interview, Cramer sat down with Donald Trump to discuss the markets, the economy and real estate. Trump says that with the U.S. already in a recession, now may be the time to look for good deals in residential real estate. He says commercial real estate may struggle a little longer, as most banks are simply "out of business" and are not lending money for commercial projects.
Cramer Interviews Donald Trump