Jim Cramer's Mad Money In-Depth Stock Picks and Comments 7 /10

 |  Includes: BAX, BCR, NWS, RMD
by: Miriam Metzinger

Stocks discussed in the in-depth session of Jim Cramer’s Mad Money TV program, Monday July 10. Click on a stock ticker for more analysis:

Pick of the Week: NewsCorp (NASDAQ:NWS)

Cramer is bullish on this Rupert Murdoch company, and believes that it will one day rival Yahoo! (NASDAQ:YHOO) and Google (NASDAQ:GOOG), because it purchased MySpace, the second most popular page on the net after Yahoo! for less than $800 million. "I think that was a steal!" comments Cramer. This page needs no marketing; MySpace users promote their friends' pages. Cramer believes that NewCorp will eventually be at the top of the internet, and mentioned that the stock went up after it had announced a shortfall due to a delay in a real estate sale. "When a stock goes up on bad news, you know you've got a winner," says Cramer.

Cramer's Prescription: Becton Dickinson & Company (NYSE:BDX), Baxter International (NYSE:BAX), Bard (NYSE:BCR), and ResMed Inc.(NYSE:RMD)

Cramer recommends reading the local paper to find stock picks the national news overlooks. Newark's Star-Ledger recently ran a story on BDX's new acquisition, GeneOhm, which is producing a new test for dangerous staph infections which often affect hospital patients. This test will reduce the 1-5 days required for conventional examinations, and will mean large profits for BDX, which makes blood sugar monitors and insulin injection products. Diabetics need these items even in a bear economy, and Cramer recommends BDX while the market is down. Cramer identifies BAX as the best blood subsitute play, and picks BCR and RMD as good buys.

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