Stocks discussed in the in-depth session of Jim Cramer’s Mad Money TV program, Friday July 14. Click on a stock ticker for more analysis:
The following is a re-broadcast of the May 29 show. There was no Lightning Round.
As the baby boomers prepare for retirement, Cramer is looking at travel and leisure stocks designed to cater to their needs. For the wealthier boomers, Four Seasons is an excellent pick, since it has bounced back from concerns over terrorism and competition from Ritz-Carlton, although Starwood (HOT) is on its way to giving FS a run for its money. Cramer picks Mariott as a favorite hotel for budget-minded retirees.
Cramer singled out three companies which thrive on their image and ambience. OEH is a best-of-breed rail stock, according to Cramer, and is the choice for those who prefer an elegant travel. He notes that BKS is known for its attractive interiors, and AXP is a card people actually pay to use.
The way to avoid losing your shirt in a casino is to invest in a good one. Cramer picks LVS as a best-of-breed stock which has a casino in Macau, China and brings in seven times more than the average outfit in Las Vegas. He also likes WYNN, which is also moving to Macau, but he does not recommend buying it until the new casino actually opens. Cramer says the best "bet" is to avoid competition and buy International Game Technology (IGT) which supplies two-thirds of the slot machines in North America. He also likes SGMS, which manages lotteries.
Cramer suggests buying MRT before it rallies, since its numbers have been solid. RUTH has recently recovered from its hit after Hurricane Katrina. Cramer believes that RCL deserves to have a higher price-to-earnings multiple, and he prefers it to CCL.
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