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 
Does Your Portfolio Need Some Miracle-Gro?
Two weeks ago Scotts Miracle-Gro [SMG
Loading...
()
], the world’s largest supplier and marketer of consumer products for do-it-yourself lawn and garden care, reported a better than expected quarter, and then experienced a 10% drop after management guided its full year earnings forecast to the upper half of its previous range, rather than raising that forecast altogether. “Investors just saw the conservative guidance and sold this stock hand over fist,” says Cramer.
Cramer thinks the market has made a big mistake. But, this mistake by the market may have presented you with a great opportunity, says Cramer, an opportunity to buy SMG at a discount price. After the Mad Money host recommended the stock for speculation on May 1st, it has gotten even cheaper since—down another 2%. Now, the stock is trading more than 5 points below where it was prior to its better than expected quarter.
Cramer thinks management was being conservative with its guidance, especially considering the bullish tone of the conference call. But, he points out, it’s been two weeks and the stock still hasn’t recovered from the guidance-motivated beat down.
In order to get some clarity, Cramer is going right to the horse’s mouth and is speaking with James Hagedorn, the Chairman and CEO of Scotts Miracle-Gro. Watch the video for the full story on how Miracle-Gro could help grow your profits.
Call Cramer: 1-800-743-CBNC
Questions for Cramer?
Questions, comments, suggestions for the Mad Money website?
Data is a real-time snapshot *Data is delayed at least 15 minutes
