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Friday, October 06, 2006

Cramer's Outline of Buys for Next Week

Cramer has a guide to make money next week.

Infosys Technologies Ltd (INFY) reports next week, and that is one of the ways to play this trend for IT outsourcing in India. He said it is expensive and best of breed, and you want to buy it before it reports earnings. He said Dell's trend of outsourcing to india is wrong, but it is just the start.

He said he also likes Monsanto (MON) as his favorite closet biotech stock.

He also said Pepsi (PEP) will show good earnings.

He thinks you can buy Costco (COST) for a bounce even though it may not have a good quarter. He said it doesn't matter.

He thinks Gannett (GCI) is worth a shot in the newspaper area. He said it is only down 2% while the entire newspaper universe is in the dumps.

Cramer said that Google (GOOG) would actually be very smart to buy YouTube and he thinks GOOG is going to $500 this year.
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