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CEO Wall of Shame: Terry Semel of Yahoo! (YHOO)
Cramer added Yahoo CEO Terry Semel, the "master of the art of overpromise and underdeliver," to his CEO Wall of Shame after the company failed to meet expectations yet again on Tuesday. "You can't raise the bar really high and then implode," Cramer says. "And you certainly shouldn't be allowed to do it repeatedly." He thinks Terry Semel is even worse than IBM's Sam Palmisano and Citigroup's Chuck Prince.
Related: Henry Blodget sees a bottom in Yahoo!
Downey may be the next Golden West, a savings and loan which was recently bought by WB in a controversial yet beneficial move, according to Cramer. He thinks DSL is one of the best risk/reward stocks around, and believes it will double if it is acquired, may benefit if the Fed raises interest rates, or if it busts the shorts, which hold 40% of DSL's float. Cramer would buy LEH, BSC, GS, commenting "what was negative four weeks ago is now positive for banks," and he thinks IMH could double on any good news.
Continuing his Green Day series, Cramer discussed BWA an auto-supplier which is sought-after because of its fuel efficient turbochargers, for which there is high demand across the industry. Since many of its clients are overseas, he doesn't think BWA will be affected by problems with domestic car sales. When a caller asked if traditional energy is "peaking" in the wake of "Green Day," Cramer replied that oil is "still in a multi-year expansion" but prefers oil service stocks such as Halliburton and Transocean.
Related: Charles Morand discusses BWA and clean cars.
Mad Mail: Superior Offshore, Burger King (BKC), Southern Copper (PCU), FuelCell Energy (FCEL)
Cramer told a viewer he doesn't think IPO Superior Offshore's strategy of paying a special cash dividend before going public is a bad idea, and noted companies like BKC have been successfully doing the same thing. When asked if PCU will "drop like a rock" again in late April and early May, Cramer said he would still buy PCU, and the pattern is linked with China. Finally, he agreed FCEL will rise because of the "Green Day" decision.
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