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Thursday, August 17, 2006

Cramer's MAD MONEY Recap (Aug. 16, 2006)

Positive on Tickers MCD and MON

Cramer is doing a fast food taste test of McDonalds, Burger King, and Wendy's; he says the only one to own is McDonalds (MCD). He says to sell Burger King (BKC) "nine ways to Sunday." He also said Wendy's (WEN) is a sell until it gets a lot lower, and they screwed up Baja Fresh.

So Cramer likes McDonalds (MCD) as the undisputed King of Fast Food. McDonalds he says is the best weak dollar story of the lot and the company developed Chipotle very successfully and they will have a shot at developing their next model successfully. He even said they were able to overcome two dead CEO's.

Cramer also said he really likes Monsanto (MON) because they do not just play in ethanol; he likes them because they also are big into biodiesel and that is profitable of and on its own as it makes financial sense.
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