Cramer entered Hogg Auditorium to a huge, Lone Star State, Longhorn booyah from the McCombs School of Business at The University of Texas at Austin. He knew that because everything is bigger in Texas, he had to bring, not just one or two, but four great stocks based right in Texas if he was going to impress the locals.
Residents of Cramerica know these companies were put through Mad Money’s rigorous quality assurance test, so anything recommended today is best of breed and selling at a discount. And every one of them he’d buy right here and right now.
Who says size doesn’t matter? Not Texans, and not Cramer – especially when you can get size with a low multiple. So here are four great stocks that are easy to understand, inexpensive and have great potential.
First up, JC Penney. Cramer says this is the best, most consistent retailer in the country. Twenty years ago, it moved from the Avenue of the Americas in New York City out to Plano because it wanted to save shareholders money. That’s the kind of spirit Cramer likes to see in a company, and it’s that spirit that’s made JCP his favorite large-cap retail play.