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Monday, September 24, 2007

Jim Cramer's Mad Money Stock Recap Sept. 21st

Lundin Mining (LMC): Cramer began Friday's show by talking about LMC. The mining company extracts zinc, copper, nickel and lead, which Cramer thinks are near bottoms in price. He also thinks that the stock could be bought out for $15 per share. Although the company has had its ups and downs, Lundin now deserves "two thumbs up."
Horsehead Holdings (ZINC): Next, Cramer talked about ZINC; a zinc refiner that recently went public. Cramer feels that no one knows about the stock and that it should increase since many other metal stocks have gone up in price recently. He thinks this is another buyout target in the future. He said, "If Horsehead reaches $23, walk away."
The Mad Money Game Plan: Next week focused on Cramer's belief that high oil and a weak dollar are good for the market, contrary to popular belief. The stocks he specifically mentioned were Core Labs, (CLB), FMC Tech (FTI), and First Solar (FSLR).
Mad Mail: Cramer read an email that was very harsh, pointing out some of the stocks Cramer likes that have not done well recently. Cramer stated that he is willing to admit his mistakes. "My losses kill me," he said, especially since he owns a lot of these stocks for his charitable trust; such as Goldman Sachs (GS), NYSE Euronext (NYX), and Sears (SHLD).

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