Jim Cramer's Mad Money Stock Recap June 14th
Father's Day Special: Google (NasdaqGS: GOOG)
Devoting Thursday's program to Father's Day, Cramer thanked his father for encouraging him to read the stock pages early and getting him "hooked" on the game. When asked by an audience member if it is better to buy options of a viable, high-priced stock like Google rather than shares, Cramer replied he would prefer buying shares, even if one can afford only one share; "My take is just own the common stock -- don't out-think it ... buying one share of Google is a great way to get started."
The Russerts: Nike (NYSE: NKE)
Tim Russert, host of NBC's Meet the Press, and his son Luke joined Cramer and discussed their success with Nike which brought Luke's savings from $21,000 to $25,000. He also discussed the importance of teaching kids to save money and to work hard.
Family Therapist: Masco (NYSE: MAS), Coke (NYSE: KO) and Pepsi (NYSE: PEP)
Cramer played the role of family therapist for a mother, father and daughter who couldn't agree about whether or not to invest in MAS. He said MAS has been a "tremendous share taker" even though housing in sluggish, and would own the stock for the short and the long term. Concerning a father-daughter conflict over whether to own Pepsi or Coke, Cramer said "This is one of the toughest I have ever seen." While the father was correct that Coke is strong internationally, the daughter was also right to favor Pepsi, since it is growing faster than Coke. Cramer would stay with Coke for the remainder of the year, but for the next five years, his pick is Pepsi.
Icahn's Dad
Carl Icahn came onto the program and discussed his father, an intellectual type, who told Carl that he would not make money in business. However, his father taught him the "power of education." When Cramer asked Carl Icahn if he would choose to be lucky or good, Icahn replied, "the guy who works the hardest -- he gets the luckiest anyway."
Published By SeekingAlpha
Devoting Thursday's program to Father's Day, Cramer thanked his father for encouraging him to read the stock pages early and getting him "hooked" on the game. When asked by an audience member if it is better to buy options of a viable, high-priced stock like Google rather than shares, Cramer replied he would prefer buying shares, even if one can afford only one share; "My take is just own the common stock -- don't out-think it ... buying one share of Google is a great way to get started."
The Russerts: Nike (NYSE: NKE)
Tim Russert, host of NBC's Meet the Press, and his son Luke joined Cramer and discussed their success with Nike which brought Luke's savings from $21,000 to $25,000. He also discussed the importance of teaching kids to save money and to work hard.
Family Therapist: Masco (NYSE: MAS), Coke (NYSE: KO) and Pepsi (NYSE: PEP)
Cramer played the role of family therapist for a mother, father and daughter who couldn't agree about whether or not to invest in MAS. He said MAS has been a "tremendous share taker" even though housing in sluggish, and would own the stock for the short and the long term. Concerning a father-daughter conflict over whether to own Pepsi or Coke, Cramer said "This is one of the toughest I have ever seen." While the father was correct that Coke is strong internationally, the daughter was also right to favor Pepsi, since it is growing faster than Coke. Cramer would stay with Coke for the remainder of the year, but for the next five years, his pick is Pepsi.
Icahn's Dad
Carl Icahn came onto the program and discussed his father, an intellectual type, who told Carl that he would not make money in business. However, his father taught him the "power of education." When Cramer asked Carl Icahn if he would choose to be lucky or good, Icahn replied, "the guy who works the hardest -- he gets the luckiest anyway."
Published By SeekingAlpha
posted by Stock Administrator @ 7:41 AM
0 Comments:
Post a Comment
<< Home