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Stocks discussed on the in-depth session of Jim Cramer's Mad Money TV Program, Thursday April 29.

Deckers (NYSE:DECK), Skechers (NYSE:SKX), DSW (NYSE:DSW), Nike (NYSE:NKE), Steve Madden (NASDAQ:SHOO), Macy's (NYSE:M)

Anyone who has been following Cramer should not be surprised by the bull market in shoes; Deckers (DECK) is up 76% since Cramer recommended it in October. Skechers (SKX) has risen 33% since March, DSW (DSW) is up 22%, Nike, 5% and Steve Madden (SHOO) 25%. Macy's (M) says one of its best-performing areas is shoes and in many department stores, shoe sales top every other retail category.

Although Cramer doesn't usually like to game earnings, he is making an exception in the case of Steve Madden. The stock trades at a multiple of 14 and has $8.50 per share and has significant upside.

Financial Clarity: JP Morgan (NYSE:JPM), Citigroup (NYSE:C), Bank of America (NYSE:BAC)

With the Dow up 122 points and the S&P increasing 1.3%, Cramer applauded the government for doing something right. After Senator Chris Dodd's remarks, it seems financial reform will be "not so benign but not so malignant." There is going to be regulation of derivatives, consumer protection for mortgages and more scrutiny of bank management. However, Senator Dodd is being "smart" about it and is "not going to crucify financials on a cross of regulation." The reforms will not hamper U.S. banks' ability to compete and will give the kind of "clarity" on performance that stocks will more readily shoot higher on good news.

Since financial stocks have been hit on worries over reforms Cramer thinks the prices of Citigroup (C), JP Morgan (JPM) and Bank of America (BAC) will rise once the public realizes how beneficial this new "clarity" will be for the financial sector; Cramer thinks JP Morgan will see $50. Cramer thanked Senator Dodd for being a "grownup" along with Fed Chairman Ben Bernanke, whom he praised for not raising interest rates.

CEO Interview: David Aldrich, Skyworks Solutions (NASDAQ:SWKS), Qualcomm (NASDAQ:QCOM)

Cramer called the rise of mobile internet a phenomenon "the likes of what I have never, ever seen… not even when the personal computer became a household item… or the rise of the web." Cramer's mobile internet is up 35% since August compared to the S&P 500's 21% gain in the same period. However, Cramer added a theme is not enough, but underlying fundamentals need to be strong as well. He was once behind Qualcomm (QCOM) which had the potential to be the "embodiment of the internet" but instead is an "unmitigated disaster." After it lowered guidance for the third quarter in a row, Cramer has decided to abandon Qualcomm in favor of Skyworks (SWKS) which makes power amplifiers and front-end modules - devices that are more needed in a smart-phone than in the old fashioned devices.

"How do you keep beating numbers even after you raise?" Cramer asked David Aldrich, and called SWKS a "money machine." Aldrich replied his company is just at the beginning of some very exciting trends, such as constant connectivity and integrating more function in devices already on the market. Aldrich said earnings per share is up 130% year over year, operating income rose 20%. Concerning guidance, Aldrich said, 'We are pretty excited about the ramp that we see heading into the second half of 2010." Cramer is bullish on Skyworks.

CEO Sean Boyd, Agnico Eagle Mines (NYSE:AEM), Eldorado Gold (NYSE:EGO)

As countries try to inflate their economies out of debt and devalue their currency, Cramer would take another look at gold stocks. One way to play gold is through GoldShares SPDR ETF (NYSEARCA:GLD). Another way is to buy a miner like Agnico Eagle Mines (AEM), which benefits from high gold prices and when gold production increases. AEM has opened five new mines to increase production. While earnings have been lukewarm, Boyd says production costs will decrease in the near future. Boyd said his aim is to fund growth from the cash flow and to return value to shareholders. Cramer recommends AEM as well as Eldorado Gold (EGO).

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Jim Cramer was up 31% in 2009. Click here now to trade alongside him.

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Source: Cramer's Mad Money - Mad for Steve Madden (4/29/10)