Enter multiple symbols separated by commas

Cramer Backs Alexion Stock

All this week, Cramer compared the strongest performers of both the S&P 500 and Nasdaq and on Friday, he decided that Alexion Pharmaceuticals is the best of the bunch.

Based in Cheshire, Conn., Alexion is a biopharmaceutical company that engages in the discovery and development of biological therapeutic products for treating patients with severe and life-threatening diseases. Cramer likes its stock for many reasons, such as it has a low PEG ratio, a metric that relates growth rate to valuation. Alexion is currently trading at 1.2 times growth.

Alexion is also a prime takeover candidate, especially as big pharma companies have been hungry to snap up these kind of orphan drug developers. The company has a lot of potential, too, because its main drug could be approved for multiple new indications.

So Cramer recommends investors consider ALXN at current levels.

Call Cramer: 1-800-743-CNBC

Questions for Cramer? madmoney@cnbc.com

Questions, comments, suggestions for the Mad Money website? madcap@cnbc.com

Contact Mad Money

  • Showtimes

    Monday - Friday 6p ET
    Saturday 8a, 1p, 7p SYD
    Sunday 12a, 1a, 8a, 7p SYD
    New Zealand
    Saturday 10a, 3p, 9p NZ
    Sunday 2a, 3a, 10a, 9p NZ
  • Jim Cramer

    Jim Cramer is host of CNBC's "Mad Money" and co-anchor of the 9 a.m. ET hour of CNBC's "Squawk on the Street."

Mad Money Features

Mad Money Moments

Cramer's New Book