RECENT POSTS
- Don’t Trust Buybacks
- Buying the Right Sell-Off Stocks
- Buy Broken Stocks, Not Broken Companies
- The Biggest Market Myth There Is?
- The Key to a Successful Turnaround
- Lightning Round: Corning, Visa, NYSE Euronext and More
- Cramer’s 3 Stocks to Avoid
- Cramer: Play Defense with B&G Foods
- Cramer: Chico’s Proves Ailing Retailers Can Make a Comeback
- Cramer's Advice for the SEC
MAD MONEY FEATURES
PODCASTSWatch the Lightning Round whenever and wherever you want.
OFFICIAL MAD MONEY WIDGETGrab this all-in-one application and get recaps of the show sent right to your desktop or blog.
CRAMERS SOUNDBOARDAdmit it: You've always wanted to hit the "They
know nothing!" button. Here’s your chance.
CHECK OUT OUR PHOTOSCheck out Cramer on set, back to school, behind the scenes and more.
SHOP FOR MAD MERCHANDISEBuy Cramer books, bobbleheads and other Mad Money merchandise.
RING TONESPick up the phone! It's Cramer! New Mad Money sounds for your cell phone.
TEXT MESSAGE ALERTMad Money's mobile. Get show highlights sent to your phone.
Text Size 
Stop Trading!: Is Google Recession-Proof?
 |
Google’s share price may be too high, Cramer said during Thursday’s Stop Trading!, given that the recession’s hurt ad spending. As strong as the Internet search giant is, Google [GOOG
Loading...
()
] is still hostage, at least in part, to that industry.
“I think Google’s doing better than a lot of others,” Cramer said, “but it’s not enough.”
Research in Motion [RIMM
Loading...
()
], Cramer added, is in a similar position. The company has been performing well, but given Wednesday’s worse-than-expected earnings pre-announcement, obviously not well enough.
Elsewhere in the market, deepwater oil driller Transocean [RIG
Loading...
()
] has generally trended up over the past month, even though oil prices continue to fall. Cramer said he think the RIG action is right, and that oil futures are “artificially depressed.”
The market responded well to Freeport-McMoRan’s [FCX
Loading...
()
] secondary offering, largely because the money raised will be used to pay down $750 million in debt. The move will save FCX from the same fate as Terex [TEX
Loading...
()
], Cramer said, which stumbled when some of the company’s debt came due.
And lastly, Goldman Sachs downgraded retailer Kohl’s [KSS
Loading...
()
] to a sell, citing a stretched valuation. Cramer agreed, saying, “I think the piece made a lot of sense.”
Watch the video for Cramer’s take on Goldman Sachs’ [GS
Loading...
()
] alleged “emergency meeting,” as well as a call on Gazprom.
Cramer’s charitable trust owns Freeport-McMoRan and Goldman Sachs.
Questions for Cramer?
Questions, comments, suggestions for the Mad Money website?
Data is a real-time snapshot *Data is delayed at least 15 minutes
