Jim Cramer's Mad Money In-Depth Stock Picks, April 17

by: Miriam Metzinger

Stocks discussed in the in-depth session of Jim Cramer’s Mad Money TV program, Tuesday April 17. Click on a stock ticker for more analysis:

Adopting a Monster: Gannett (NYSE:GCI), Monster Worldwide (NASDAQ:MNST)

Cramer thinks Gannett should buy MNST as a way to stay relevant since its business isn't "viable long-term anymore." He adds that MNST would be a nice accompaniment to GCI's acquisition, CareerBuilder.com, and the company should hurry to make an offer before Google makes the first move. In either case, the online job listing source is an attractive takeover target and Cramer is bullish on MNST which has has recently had a shortfall, is cheap, and has a new CEO, Sal Iannuzzi, who Cramer thinks is ready "to make a deal." Monster's inclusion in Goldman Sach's list of likely private equity plays is yet another reason to buy.

Related: Carl Howe discusses why he believes print journalism will never really die.

On the Sunny Side of The Street: First Solar (NASDAQ:FSLR), MEMC Electronic Materials (WFR)

Continuing his "Green Day" series, Cramer takes a look at solar energy stocks, and comments he is still 100% behind FSLR, which he recommended in early March and is "the most economically efficient solar company." He also likes WFR which has a "stronghold on silicon wafers, the key components to most solar panels" and is up 247% since October. Since both stocks have increased substantially, he would look for a drop before buying.

Related: Himanshu Pandya makes the short case for FSLR.

DEEP Thoughts: New IPO Superior Offshore International, with stocks Nabors (NYSE:NBR), Halliburton (NYSE:HAL)

Cramer would take a look at new IPO Superior Offhsore International which is due to go public Friday and will trade under the symbol DEEP. He notes the company has solid earnings and fundamentals and is reasonably priced between $14 to $16. This subsea construction company has competitors, HAL and NBR, but their success has proven that business is good. While DEEP is located mainly in the Gulf of Mexico, it is expanding beyond the region, repairs and maintains current drilling and has years of repair work on the agenda from Hurricane Katrina. Cramer would do homework before buying this "great company" with "real profits" and would make a move no later than Thursday morning.

CEO Interview: Saks (NYSE:SKS) CEO Stephen Sadove with stocks Coach (NYSE:COH) and Ralph Lauren (NYSE:RL)

When asked about the company's turnaround, Stephen Sadove replied that while it is still "early in the game," Saks has benefited from a "great team, clear strategies and clear focus on execution." The company was also successful in encouraging people to own equity and making stores more customer-friendly. Sadove also discussed Saks' new CFO Kevin Willis, calling him "a great asset to the team." Cramer said he is bullish on SKS as well as COH and RL, all of which are buying opportunities because the stocks have "flat-lined."

Related: Chad Brand observes Saks' turnaround story.

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