Jim Cramer Blog

Discuss Hot Stocks, Jim Cramer, Mad Money,the Stock and Option Markets, and the economy on Jim Cramer Blog.

Monday, April 30, 2007

Jim Cramer's Mad Money Stock Recap April 27th

At Your Laser: Ionatron (NasdaqGM: IOTN)
One stock Cramer likes for the CNBC Million Dollar Portfolio Challenge and even more for an actual speculative play is IOTN which produces lasers. The company makes both lethal and non-lethal lasers which are effective in locating and detonating explosive devices. The stock fell from $14 to $5 last May when it was passed up for a military contract, but IOTN has improved its technology to fit devices on existing vehicles, and Cramer predicts it will get the contract this time around and squeeze the shorts. He would do homework before buying the stock.

A Roll of the Dice: Penn National Gaming Inc. (NasdaqGS: PENN)
Next on Cramer's list of attractive takeover targets for private equity firms is PENN, a gaming company which is not among the most famous names, but gives "regular people all over the country the opportunity to foolishly flush their hard-earned money down the slots." The purchase of Harrah's is proof that private equity firms would consider a gaming play, and since PENN is smaller and cheaper, it would be easier to purchase. He predicts PEN will be taken over at a premium; "I think this one could make you over 30%, if you play your cards right," Cramer said.

Game Plan for the Coming Week: Vulcan Materials (NYSE: VMC - News), Avon (NYSE: AVP - News), Quest (NYSE: Q - News), Procter & Gamble (NYSE: PG - News), Medco Health (NYSE: MHS - News), Wyndham Hotels (NYSE: WYN - News), General Cable (NYSE: BGC - News), Chipotle Mexican Grill (NYSE: CMG - News), Buffalo Wild Wings (NasdaqGS: BWLD), Allergan (NYSE: AGN - News), Transocean (NYSE: RIG - News), Trinity Industries (NYSE: TRN - News), American Railcar (NasdaqGS: ARII), Celgene (NasdaqGS: CELG), Charter Communications (NasdaqGM: CHTR), Level 3 (NasdaqGS: LVLT), Anderson's (NasdaqGS: ANDE), Estee Lauder (NYSE: EL - News), KBR Inc. (NYSE: KBR - News)
Monday: Cramer said the best strategy for the coming week is to grab winners ahead of their reports, and added there are so many great names, it may be hard to choose. On Monday, he likes VMC, up 82% with room to run.
Tuesday: Cramer has freed AVP from permanent residence on his Sell Block segment and predicts AVP will hit a "homerun." The stock is up a little over a dollar and has great BRIC exposure. Although Quest has had a 43% gain, Cramer is still backing it, and anticipates the announcement of a buyback or a dividend increase. He thinks PG will join the ranks of Pepsi and Coke thanks to its international success. MHS is "a member of the pantheon of consistency if there ever was one," since it is leveraged to drugs going generic and off patent. Cramer likes WYN as a baby boomer play and expects rosy numbers. After the bell, GC is a pick Cramer believes will go higher, although it has had a recent run-up. Concerning CMG and BWLD, he said, "I praise these stocks endlessly and correctly. I'm not stopping now."
Wednesday: Although Allergan is up 23% and "everyone is freaking out about competition," Cramer is not worried. He still likes RIG, but since it has risen 11%, Cramer would wait for it to come in a bit. He is also bullish on rail stocks TRN and ARII.
Thursday: Cramer says CELG has been "perking along" up from under $55 in February to over $61 now and predicts it will rally. He would sell CHTR before the quarter and buy it back. He reiterated his bullishness on LVLT and noted its strong organic growth and improved balance sheet. Cramer is looking forward to witnessing a short squeeze when ANDE reports; "We're going into ethanol harvest season. What are these people thinking? Go long, not short." He also likes EL as "the quintessential weak-dollar play."
Friday: Cramer suggests viewers invest in KBR "the only overlooked infrastructure play left on Earth," and says KBR will follow other giants in the sector, which have rallied.
Mad Mail, Cummins Engine (NYSE: CMI - News): Cramer congratulates those viewers who heeded his call to buy CMI and made some money; "We really nailed that one," he said.
Published By SeekingAlpha

Labels: , , , , , , , , , , , , , , , ,

1 Comments:

  • At 8:30 PM , Anonymous Anonymous said...

    I purchased NYX and TM back in January. What the heck do I do with them now. I have lost a lot of money and do not see anything changing at this time. Do you see a turn around?

    Cramer, who paid you shares to make the comments that you did back then.(150 dollars) in in year?

    What do you base your comments on?

    Bene

     

Post a Comment

<< Home

This site is not affiliated with Mr. James Cramer, and is not associated with any television networks or broadcasts. Data presented on this site should not be used to make investment decisions and accuracy cannot be guaranteed GRB Holding Co., LLC

;