Go Symbol Lookup
Loading...

Wells Fargo CEO: Interest Rates Need to Normalize

Stop Trading! Live from USC

 Text Size  
Published: Thursday, 6 Sep 2007 | 3:27 PM ET
By: | Web Producer
Stop Trading!
Mad Money host Jim Cramer shares his stock picks with CNBC's Erin Burnett.

Get ready for a resurgence in biotech, Cramer said during a special Stop Trading! from the campus of the University of Southern California.

There has been a three year bear market in biotech, but it looks like it is ending, Cramer said. From Genzyme to Gilead to Amgen , Cramer thinks the sector has bottomed and it’s now time to own these companies again. “Every one of these [stocks] is in bull market mode because the economy is slowing,” he said.

Cramer also agreed with Peter McCausland, the CEO of Airgas , who said earlier on CNBC that his company is growing and he doesn’t see a recession looming. Cramer likes Airgas for its international exposure and doesn’t believe its leverage to the commercial real estate market will hurt it, as there has been “no evidence” that market has rolled over. Chemical companies, including Airgas, are benefiting from the decline in natural gas by putting through price increases while raw costs are in decline. Cramer said: “That’s nirvana.”

Mad Money will be at the Marshall School of Business at USC on Friday. Be sure to check back here for exclusive photos and a real-time recap of the show.


Questions for Cramer? madmoney@cnbc.com

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

 Print
Get ready for a resurgence in biotech and chemicals, Cramer said from sunny southern California.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.
  Price   Change %Change
AMGN ---
ARG ---
GILD ---

   
Comments

 

More Comments

 
 

Add Comments

 

Your Comments (Up to 1100 characters):

Remaining characters

Your comments have not been posted yet.

Please review your submission to make sure you are comfortable with your entry.

Your Comments:


                
            
            
        

Featured

Contact Mad Money

  • Showtimes

    Monday - Friday 6p | 11p ET
  • 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.