Stocks discussed on the in-depth session of Jim Cramer's Mad Money TV Program, Thursday August 21.
12 Stocks That Have Done Better Than Google (NASDAQ:GOOG), (NASDAQ:GOOGL): Keurig Green Mountain (NASDAQ:GMCR), Monster Beverage (NASDAQ:MNST), Priceline (NASDAQ:PCLN), Apple (NASDAQ:AAPL), Alexion (NASDAQ:ALXN), Regeneron (NASDAQ:REGN), Celgene (NASDAQ:CELG), Gilead (NASDAQ:GILD), Netflix (NASDAQ:NFLX), Intuitive Surgical (NASDAQ:ISRG), Western Digital (NASDAQ:WDC), Salesforce (NYSE:CRM). Other stocks mentioned: Coca-Cola (NYSE:KO), Mobileye (NYSE:MBLY)
"I'm sick of people not liking this market," says Cramer. The Dow gained 60 points on Thursday. While Cramer celebrated the 10th year anniversary since the Google (GOOG), (GOOGL) IPO, a major holding in Cramer's charitable trust, there are stocks that have outperformed Google. Keurig Green Mountain (GMCR) is up 7,089% and Monster Beverage (MNST) is up over 6,000% during the same period. These stocks were "hated all the way up," and Coca-Cola (KO) has bought stakes in both companies. Priceline (PCLN) is the Google of all things travel and with the acquisition of OpenTable, now restaurants. PCLN deserves to be bought every time it declines. Apple (AAPL) is up 4,485% in the time Google has become public. Cramer says it is worth owning, not trading. The stock is now shareholder friendly as well as a master executor, and it is still cheap.
Alexion Pharmaceuticals (ALXN) and Regeneron (REGN), Celgene (CELG) and Gilead (GILD) are others that have risen more than Google during the 10 year period. Regeneron has been a favorite Mad Money pick from the genesis of the program. Netflix (NFLX) has been doubted the whole way, even though it has rallied over 2,700% in a decade. Intuitive Surgical (ISRG) has rallied, but it is too late to buy. Western Digital (WDC) is often flagged as being overvalued, but it is a "gem." Salesforce.com (CRM) reported on Thursday and delivered another great quarter. It is a buy.
Cramer took a call:
Mobileye (MBLY) is a good stock and is "okay to buy. It is another really good Israeli tech company that I want to get behind."
CEO Interview: Marc Benioff, Salesforce.com (CRM)
Salesforce.com (CRM) was trading sideways, but it reported a great quarter. Nothing has changed at this great company. It beat earnings by 1 cent with a 38% rise in revenues and raised guidance. "It was an awesome quarter," said CEO Marc Benioff. Salesforce has new partnerships, and its ExactTarget segment has been "incredible." The company is not just a good investment, but a great place to work, as it was rated the "Best Place to Work" and "Most Innovative Company" by Fortune magazine.
Bank of America (NYSE:BAC) Is Liberated
Bank of America (BAC) wrote a $17 million check to the government, but the stock is soaring. Now that it has settled up, it has the potential to go higher. As long as the litigation was hanging over BAC's head it was hard to know what the bank could earn. BAC now has normalized earnings power, and now that it is free of its burden, BAC can be a bank again.
Goldman Sachs Is Wrong about NXP (NASDAQ:NXPI)
A Goldman Sachs analyst downgraded the semiconductor play NXP (NXPI), and Cramer disagrees. The same analyst downgraded the stock in January, but it moved 50% higher, and now the issue is the company's supposed low-margin proprietary chips. Cramer points out that these chips are the declining part of the business, and NXP is creating more proprietary chips. The analyst also criticized its exposure to the competitive mobile sector, but that comprises a small part of its business. It also has a healthy buyback. Cramer thinks the downgrade is misguided and is bullish on NXP.
CEO Interview: Rick Shearer, Emerge Energy (NYSE:EMES)
Emerge Energy (EMES) produces sand for fracking and is up 600% since it came public in 2013. CEO Rick Shearer explained that sand is cheaper than ceramic for fracking. Emerge is doubling its capacity and is a leader in the industry. Emerge needs more rail cars to transport its goods, but that issue can be dealt with. Cramer is bullish on EMES.
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