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Monday, October 08, 2007

Jim Cramer's Mad Money Stock Recap Oct. 5th

Cramer began his show Friday saying how well his "Four Horsemen of Tech"; Google (GOOG), Research in Motion (RIMM), Apple (AAPL), and Amazon.com (AMZN) are doing. "$80 to $120" stocks list. The stocks were Boeing(BA), Caterpillar(CAT), ConocoPhillips (COP), Air Products(APD), Apache(APA), Terex(TEX), and Energizer(ENR). Cramer admitted that he recommended these stocks too late in the bull market, and that most of these stocks fell after he first recommended them . They are up 5% now, and Cramer thinks that these stocks are the "perfect group." He likes CAT and TEX the best, followed by COP.
Overlooked IPOs: Masimo (MASI). Cramer believes that it has a superior product and a great recurring revenue stream with purchases of disposable parts for the medical sensor they make.
After the lightning round Cramer talked about Allergan (AGN). Cramer said people have a desire to look good, and this stock is in a great position to profit, while moving into traditional medical market. He then had the CEO of the company on the phone to discuss future earnings and sales.
Mad Mail: Cramer answered a few emails. He told viewers to ignore the downgrade on Boeing (BA) since he thinks the stock is going higher. He then answered a question about FiberTower (FTWR), which he doesn't like. In response to another emailer, Cramer said he likes Starent (STAR) because it's an intellectual property play.

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