FEATURED SLIDESHOW
Who Is The Worst CEO?Mad Money needed new inductees for its
Wall of Shame, so we asked viewers for
nominations.
RECENT POSTS
- Mad Mail: Chesapeake Energy Is Hiring?
- Lightning Round: Royal Dutch Shell, Bank of America, RF Micro Devices and More
- Lightning Round OT: Harley-Davidson, Heartland Payment and More
- Cramer’s Christmas List
- Cramer: This Stock Offers ‘Plenty of Upside’
- Cramer Cuts Through Bears' Bull to Explain Tuesday's Market
- Cramer: Buy These 2 Dividend Plays
- Remorseful Regulator Leads Reform Fight
- Lightning Round: AT&T, Verizon, Novartis and More
- Lightning Round OT: Alcoa, Weight Watchers and More
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 
When investors think of spy technology, they probably conjure images of James Bonds’ laser-shooting wristwatch or X-ray eyeglasses. Well, Applied Signal Technology, of course, makes none of that. But the company’s business is no less exciting – or potentially profitable.
Applied Signal Tech [APSG
Loading...
()
] operates in the signals and communications-intelligence business. The company’s products work to detect enemy communications and electronics in the field and detect and infiltrate enemy communications over telco networks. If a bad guy is on his phone, or he was dumb enough to leave it on after his last call, APSG will find him. This market worldwide reaches $3.5 billion to $5 billion a year.
 |
Applied Signal, which counts the CIA and NSA as clients, is the best pure play on the industry, Cramer said. APSG is “well positioned” and has “a lot of good contract opportunities coming up,” not the least of which are potential deals with both the Army and the Marines. Plus, the company recently won a five-year, $200 million contract to supply an unnamed customer, believed to be the NSA, with communications intelligence.
Applied Signal in Washington is believed to be the best in the biz, Cramer said, “so there’s no open competition.” And that’s always great for profits.
The stock trades at 18 times 2010 earnings, which makes it appear cheap. But Cramer wanted to be sure, so he invited CEO William Van Vleet onto Mad Money. Watch the video for the full interview.
Call Cramer: 1-800-743-CNBC
Questions for Cramer?
Questions, comments, suggestions for the Mad Money website?
Data is a real-time snapshot *Data is delayed at least 15 minutes