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!: Trading the Apple Upgrade
 |
The restaurant stocks have been “very soggy” because of higher gas prices, Cramer said Tuesday, but those prices are peaking. He recommended two possible winners in this scenario.
Cheaper gas puts more money in consumers’ wallets, the common wisdom says, and that often translates into more dining out. If gas prices are leveling off, as Cramer thinks, then restaurants should see more business.
Panera Bread [PNRA
Loading...
()
] may be “way below the rest of the group,” while CKE Restaurants [CKR
Loading...
()
] is “gigantically behind the group,” Cramer said, “but that doesn’t mean that you can’t have a rising stock.” Restaurant stocks trade as a group, and he thinks these two follow the sector higher.
Apple [AAPL
Loading...
()
] had climbed more than 6% on Tuesday, thanks to an analyst upgrade based on the expectation that even more iPhone growth is yet to come. Cramer likes Skyworks Solutions [SWKS
Loading...
()
], maker of the iPhone’s chip sets, as a play on this.
“I’m always surprised when the iPhone sales are up that people don’t reach for Skyworks,” he said. “They tend to do it the next day.”
Another company that seems to have been underestimated is Qualcomm [QCOM
Loading...
()
], at least as far as Barclays is concerned. Barclays said QCOM’s estimates were too low, a sentiment that is “so rare these days,” Cramer said. The stock has been “trapped at this one price and perhaps it’s breaking out.”
Lastly, Cramer thinks that Regions Financial [RF
Loading...
()
] is one of the major banks that is most likely to “not be independent” much longer. He said the company’s upcoming secondary offering “looks really, really awful.”
Watch the video to find out why Cramer disliked Fortress Investment Group's [FIG
Loading...
()
] secondary offering.
Cramer's charitable trust owns Qualcomm.
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
