Jim Cramer's Mad Money (Aug. 22, 2006) "Hidden Treasures"
Stock Tickers: Positives are GME, SIAL, TXU, SON; others noted were ERTS, ATVI, PEP, K, MO,
Jim Cramer on MAD MONEY this evening featured some "Hidden Treasures" that could make you some money.
Cramer was discussing "Madden 2007" although not what you think, so it wasn't Electronic Arts (ERTS) as he thinks it won't hit real profitability for a couple years. He doesn't like any of the 4 major game makers or any of the consoles. Cramer thinks GAMESTOP (GME) is the way to play this. They will sell many consoles, many games, and many peripherals.
Oddly enough, I said GME was closer to a BUY last week after it got hit fairly hard (at $45.40 when noted then). Here is WHAT I SAID on August 17. This stock closed today at $43.61 and is up 1.35% at $44.20.
He thinks you may even hold GME through the first quarter of 2007. He did note that he thinks it is at risk 10 years out as he doesn't know if they will be able to sell the type of games they sell today.
Cramer also panned Activision (ATVI) in a call in session.
Cramer next went after consistent "Secular Growth Stocks" that can ride out a slow economic. He thinks Pepsi (PEP), Kellogg (K) and Altria (MO) are played out. He wants to find hidden growth. He has 3 secular growth names "you haven't heard of" according to him. These are the following:
1. Sigma- Aldrich (SIAL)
2. Texas Utilities (TXU)
3. Sonoco (SON)
Jim Cramer on MAD MONEY this evening featured some "Hidden Treasures" that could make you some money.
Cramer was discussing "Madden 2007" although not what you think, so it wasn't Electronic Arts (ERTS) as he thinks it won't hit real profitability for a couple years. He doesn't like any of the 4 major game makers or any of the consoles. Cramer thinks GAMESTOP (GME) is the way to play this. They will sell many consoles, many games, and many peripherals.
Oddly enough, I said GME was closer to a BUY last week after it got hit fairly hard (at $45.40 when noted then). Here is WHAT I SAID on August 17. This stock closed today at $43.61 and is up 1.35% at $44.20.
He thinks you may even hold GME through the first quarter of 2007. He did note that he thinks it is at risk 10 years out as he doesn't know if they will be able to sell the type of games they sell today.
Cramer also panned Activision (ATVI) in a call in session.
Cramer next went after consistent "Secular Growth Stocks" that can ride out a slow economic. He thinks Pepsi (PEP), Kellogg (K) and Altria (MO) are played out. He wants to find hidden growth. He has 3 secular growth names "you haven't heard of" according to him. These are the following:
1. Sigma- Aldrich (SIAL)
2. Texas Utilities (TXU)
3. Sonoco (SON)
posted by douglas mcintyre at 4:37 AM
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