Skip navigation
MOST POPULAR RELATED TAGS
  • TOPICS
  • SECTORS
  • COMPANIES

MAD MONEY FEATURES

Podcasts PODCASTS
Watch the Lightning Round whenever and wherever you want.




Widget OFFICIAL MAD MONEY WIDGET
Grab this all-in-one application and get recaps of the show sent right to your desktop or blog.




Soundboard CRAMERS SOUNDBOARD
Admit it: You've always wanted to hit the "They
know nothing!" button. Here’s your chance.




Mad Money PhotosCHECK OUT OUR PHOTOS
Check out Cramer on set, back to school, behind the scenes and more.




ShopSHOP FOR MAD MERCHANDISE
Buy Cramer books, bobbleheads and other Mad Money merchandise.




Ringtones RING TONES
Pick up the phone! It's Cramer! New Mad Money sounds for your cell phone.




Mobile AlertTEXT MESSAGE ALERT
Mad Money's mobile. Get show highlights sent to your phone.







Text Size
Apr.09
7:02 PM ET
Wednesday, 9 Apr 2008
Buy CTC Media

While TV ad spending is declining here in the U.S., Cramer said during Wednesday’s Mad Money, it’s just getting started in Russia. That’s why he named CTC Media, that country’s fourth-largest broadcasting company, his latest “From Russia With Love” stock pick.

CTC [CTCM  Loading...      ()   ] operates two entertainment channels, one focused mainly on younger viewers and the other on women. Together they make up about 12% of the national audience, giving the company a healthy chunk of Russia's growing ad market. Half of all advertising there is spent on TV, and analysts expect spending to grow of 36%.

A key acquisition should lead to big savings for CTC, Cramer said. The company should be able to squeeze more out of men’s entertainment channel DTV and bring its 10% operating margin into line with CTC’s 41%.

CTC is growing outside of Russia as well, moving into Soviet satellites like Kazakhstan and Uzbekistan. Cramer said he expects good things from both ventures.

Best of all, CTC’s expected to grow 30% over the long term, but the stock’s trading at only 18 times this year’s earnings. Can you say cheap?

Here’s another Russian play you should jump on before Wall Street does.

Watch the video for Cramer's plays on Brazil, Denmark and European ETFs.

Questions for Cramer?

Questions, comments, suggestions for the Mad Money website?

© 2009 CNBC, Inc. All Rights Reserved

Tools:
PrintEmailAdd This share icon
Next Post
  • digg share
ADD COMMENTS
Remaining characters


Current DateTime: 06:27:27 23 Nov 2009
LinksList Documentid: 29778428

Current DateTime: 06:27:24 23 Nov 2009
LinksList Documentid: 29779196

Current DateTime: 06:27:29 23 Nov 2009
LinksList Documentid: 29779199

Current DateTime: 06:27:29 23 Nov 2009
LinksList Documentid: 29779198
  Data is a real-time snapshot  *Data is delayed at least 15 minutes
Global Business and Financial News, Stock Quotes, and Market Data and Analysis

© 2009 CNBC, Inc.  All Rights Reserved.
A Division of NBC Universal
Thomson ReutersThomson Reuters