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Wednesday, July 12, 2006

MAD MONEY Recap from July 11, 2006

Main Stock Tickers: WAG, CVS, RAD, FCX, AAPL, BOOM

Cramer opened his show discussing business cycles and how they affect the markets and said that the Fed tightening is good for stocks like Walgreen (WAG), CVS (CVS) and Rite Aid (RAD).

He then said that since we are entering an economic slowdown, investors should avoid mining stocks like Freeport-McMoRan (FCX).

Cramer also said Apple Computer (AAPL) is a vulnerable stock that turned into applesauce since it has no dividend, a buyback, and doesn't give guidance.

Cramer interviewed Dynamic Materials (BOOM) president/CEO Yvonne Pierre Cariou to his show; Cramer said that even with the stock up a lot, it still has more room to grow.

In the "Lightning Round," Cramer was POSITIVE on Ashland (ASH), Alcan (AL), LifeCell (LIFC), ITT Educational (ESI), Foster Wheeler (FWLT), General Dynamics (GD), Harley-Davidson (HDI), News Corp. (NWS), Lockheed Martin (LMT), Panera Bread (PNRA), Starbucks (SBUX), & Whole Foods (WFMI); and NEGATIVE on Alcoa (AA),Career Education (CECO), Marvel Entertainment (MVL), & (CRM).

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