Recap of Jim Cramer’s comments on Market Minute from TheStreet.com TV, Thursday December 7. Click on a stock ticker for more analysis:
Denny's (NASDAQ:DENN), Rite Aid (NYSE:RAD) and Level 3 Communications (NASDAQ:LVLT): Cramer discussed three special-situation retailers. Altough Denny's was down, it is in the middle of a comeback, and RAD is headed toward $5 and then to $6, according to Cramer, who reports that the merger will happen and doesn't see problems with unions. Concerning LVLT CEO Jim Crowe's prediction of 25% growth, Cramer said,"That's an amazing number if you can hit it. I don't know how he does it, right now the EBITDA's the same as the interest charges, but I have to bank with him because of the 445% return he gave me in the old MFS Communications."
Seeking Alpha publishes a summary of Jim Cramer's stock picks every day including: Mad Money Recap, Lightening Round, Stop Trading and his Market Minute.
Get Cramer's Picks by email -- it's free and takes only a few seconds to sign up.
Seeking Alpha is not affiliated with CNBC, Jim Cramer or TheStreet.com