GO
Loading...

Mad Mail

Boo-Yah Jim: Towards the latter part of last week you mentioned that we should get out of the housing, financial, brokerage, etc sectors. I currently own Brookfield Asset Management and I am wondering whether I should buy more on a weakness, or should I take the loss and sell since it does fall in the acquisitions sector, which seems hated. I would have taken the loss and sold it on the bounce, but the fact that it is an international company which may not get affected by the US subprime/corporate lending woes is making me stay in it. Your advice is greatly appreciated. --Chamila

Cramer says: “You’re right. Don’t sell that one … I think BAM is real good here. I would use the weakness to buy, buy, buy.”



Dear Jim: Love the picture at Tito's Burritos in Summit, NJ! Can't miss with "The Bird" Burrito. ValueClick is down big today, close to their 52-week low. They missed Wall Street's estimates; however, ValueClick increased its stock buyback plan, they have zero debt, & profit margin of 12.2%. Do you think they're a good buy in this crazy market? Your neighbor in Chatham --Jason



Dear Jim: Love the picture at Tito's Burritos in Summit, NJ! Can't miss with "The Bird" Burrito. ValueClick is down big today, close to their 52-week low. They missed Wall Street's estimates; however, ValueClick increased its stock buyback plan, they have zero debt, & profit margin of 12.2%. Do you think they're a good buy in this crazy market? Your neighbor in Chatham --Jason

Cramer says: “I don’t have my arms around it yet. To me, this stock looks like it’s going to see $18 before you get a bottom.”

_________________________________________

Dear Jim:
I bought shares in Rite Aid and ever since I bought the stock it has slowly been decreasing. I was watching your show (July 26th) and you were explaining when to sell stocks. My question was whether RAD has been taking loans to acquire Eckerd and Brookstone Pharmacies? And whether it would be smart to sell Rite Aid when I am still down? --Jim

Cramer says: “Not at all … Rite Aid is doing very well, the integration is going very well … I’m holding your hand on Rite Aid and begging you not to sell it.”

_________________________________________

Dear Jim:
You recently recommended Kraft , but it seems to be taking a bigger hit than the market as a whole. I noticed on last Thursday's show that you didn't mention KFT as one of your soft goods picks. Their upcoming earnings report also doesn't look promising in the face of rising dairy costs. Do you still stand behind this pick? --Joe

Cramer says: “Kraft is down big because of dairy problems. Let’s see the quarter and then we’ll buy some.”



Questions for Cramer? madmoney@cnbc.com

Questions, comments, suggestions for the Mad Money website? madcap@cnbc.com

Symbol
Price
 
Change
%Change
BAM.A
---
MDLZ
---
RAD
---
CNVR
---

Featured

Contact Mad Money

  • Showtimes

    U.S.
    Monday - Friday 6p ET
    Australia
    Saturday 8a, 1p, 7p SYD
    Sunday 12a, 1a, 8a, 7p SYD
    New Zealand
    Saturday 10a, 3p, 9p NZ
    Sunday 2a, 3a, 10a, 9p NZ
  • Jim Cramer is host of CNBC's "Mad Money" and co-anchor of the 9 a.m. ET hour of CNBC's "Squawk on the Street."

Mad Money Features

  • Grab the latest CNBC gear from the NBCUniversal Store!

  • Get a behind-the-scenes look at how Cramer formulates his investment advice. "Inside the Madness" is a column, which features e-mails and more with Cramer and his researcher Nicole Urken.

  • You’ve always wanted to hit the “Hallelujah!” button. Here’s your chance.