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Road Rules
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Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
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Mar.30
12:47 PM ET
Friday, 30 Mar 2007
It's Time for the Lightning Round!

See all Lightning Round Posts
Genentech [DNA  Loading...      ()   ]: “…Genentech is in the crosshairs of a lot of negative statements they’ve made about themselves. I want to be a believer, but they won’t let me – but I cannot back away from a stock … I still think this one’s worth owning. But remember the pecking order: It’s Gilead [GILD  Loading...      ()   ] first. It’s Celgene [CELG  Loading...      ()   ] second. It’s Genzyme [GENZ  Loading...      ()   ] third. They’re all better than [DNA].”

Time Warner [TWX  Loading...      ()   ]: Cramer likes the stock, but he says that there’s too much potential for a price war in the industry, especially with Verizon [VZ  Loading...      ()   ] moving so aggressively into it. Comcast [CMCSA  Loading...      ()   ] is in the same boat, he says.

Sears Holdings [SHLD  Loading...      ()   ]: “Sear Holdings will be a growth stock and be an asset management stock. I am redoubling my efforts to get people in Sears before it goes to $200.”

Devon Energy [DVN  Loading...      ()   ]: “I like Devon very much. Devon’s my favorite of the oils. And I also think if it stays here and soon it doesn’t go up, it will get a takeover bid. But remember I like the drillers more than I like the oils themselves.” Cramer reiterates his love for Transocean [RIG  Loading...      ()   ] and predicts that GlobalSantaFe [GSF  Loading...      ()   ] will get a bid for a takeover in the near future.

ONYX Pharma [ONXX  Loading...      ()   ]: “Big pullback after they came up with that incredible cancer drug. I think the pullback is an opportunity. I want to buy ONYX.”

YUM! Brands [YUM  Loading...      ()   ]: “I am concerned.” Cramer thinks it didn’t go down enough after the Taco Bell incident. He thinks this is a sell. Instead, he's a fan of Cheesecake Factory [CAKE  Loading...      ()   ] and Chipotle [CMG  Loading...      ()   ].

Ameritrade [AMTD  Loading...      ()   ]: At less than $15, Cramer says this stock is too cheap. He’s bullish on this one.

Brocade [BRCD  Loading...      ()   ]: Cramer likes this stock, but with tech suffering an unbearable – no pun intended – bear market, he’s hesitant. He wants to see the results from that Thursday analyst meeting before he makes a move.

Qwest [Q  Loading...      ()   ]: “Upward and upward some more … I think this company is just part of a major ramp … I’m sticking with Qwest.” Qwest climbed 10 cents today on news it won part of a major telecom contract with the U.S. government along with Verizon and AT&T [T  Loading...      ()   ].

Stride Rite [SRR  Loading...      ()   ]: “The quarter wasn’t that good … you gotta show some growth in the core regular Stride Rite shoes, and they didn’t do it. I think that stock is not going up here.” Sell! Sell! Sell!

NVIDIA [NVDA  Loading...      ()   ]: “I am not a fan of graphic chips. It’s too expensive … I’m saying take profits in NVIDIA.”

Gmarket [GMKT  Loading...      ()   ]: This is the Korean version of eBay [EBAY  Loading...      ()   ], and while Cramer likes eBay better, he says he’d never back away from it at this level. But he’d definitely sell if it hit $20.

Marvel Tech [MRVL  Loading...      ()   ]: “I don’t want to sell it at $16 – there’s too much upside.” But Cramer says he’s wary because the financials with this company are killing its potential.

Kinder Morgan Energy Partners [KMP  Loading...      ()   ]: “You are so in the house of pleasure." Cramer's bullish on this stock.

Jim's charitable trust owns Transocean and Sears Holdings.

Questions? Comments?


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