Jim Cramer's Mad Money In-Depth Stock Picks, 7/25/07

Stocks discussed in the in-depth session of Jim Cramer’s Mad Money TV program, Wednesday July 25. Click on a stock ticker for more analysis:

Happy PCs: Dell (DELL) and Hewlett-Packard (HPQ)

Cramer again urged viewers to get into tech ahead of the back-to-school and holiday seasons, and added Dell and HPQ are in the "sweet spot," are "brimming with cash" and buying back stock. While both approach their 52-week highs, Cramer sees a huge upside in the next three months, and points out that HPQ is "criminally cheap" while Dell is not expensive, given its rapid growth rate. The companies benefit from a price war among component parts producers and HPQ and Dell both have significant international exposure; "The time is right for both," Cramer said.

Related: Ted Allrich comments Dell has finally discovered the power of marketing.

Rolling on a River: Riverbed Technology (RVBD)

Cramer comments his beloved speculative stock RVBD has been "coining money" off its WAN optimization technology and still has further to run. However, Cramer adds RVBD is a investment rather than a trade and urges viewers not to be spooked if it dips; " ... focus on its long-term story, he urged. "Don't let the volatility around its quarter scare you." Riverbed is not a stock for cheapskates; "Riverbed is the poster child for paying up for best of breed," said Cramer. "Great high-growth stocks with great momentum are hardly ever cheap."

Related: Tiernan Ray thinks Riverbed's growth will not protect it from rival Cisco.

CEO Interview: CEO, David Sutherland-Yoest, Waste Services (WSII)

Cramer says WSII is the prime example of a stock with aggressive insider buying and a large short position. He wondered why the stock didn't move after the company reported a solid quarter. David Sutherland-Yoest said, "we exceeded our internal expectations," and he explained the Street doesn't understand why WSII swapped out of WCA Waste or its acquisition of a Florida hauling company and transfer station. The CEO was confident the value of its assets will be recognized in the next quarter. Cramer commented WSII "seems like a good place to be" and is worth sticking with even though it hasn't behaved as expected.

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