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Thursday, July 27, 2006

Cramer's MAD MONEY (July 27, 2006)

Cramer discussed two different energy plays for different reasons.

He thinks that Valero (VLO) will blow away earnings potentially by as much as $1.00 per share. He said the analysts haven't raised their earnings estimates even after the company told analysts they would beat earnings and they have all the cheaper gas since they refine all of their own gasoline.

On Halliburton (HAL) Cramer said a negative research call hurt the stock when it was at the lows, but Cramer disagrees. He said it is an opportrunity and he's giving it a "M'om Back!" and buying on weakness.

Cramer interviewed the CEO of Kellogg (K). Cramer said K is Buy.

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