Stocks discussed in the in-depth session of Jim Cramer’s Mad Money TV program, Tuesday September 11. Click on a stock ticker for more analysis:
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Continuing his sports analogies from yesterday’s show, Cramer told viewers it is essential to look for good offensive players which will be “wide receivers” providing fast growth. He compares Research in Motion to Randy Moss of the New England Patriots, because both “players” always meet or surpass expectations and have momentum. Terrell Owens of the Dallas Cowboys “gets the touchdowns” and Apple gets the media coverage. Cramer likes Apple, but thinks it may be setting prices too high. No stock can move 100 points faster than ISRG, and the company has as much speed as Santana Moss of the Washington Redskins. Two rookie wide receivers which dominate the field are VMware and Calvin Johnson of the Detroit Lions. He considers the IPO to be “rookie of the year.”
Cramer searched the market for the ideal tight end, a stock which has protection against downside risk and has potential to rise. He compared AT &T, which its 3.6% yield and 1.7 million subscribers to solid Antonio Gates of the San Diego Chargers. ED and Tony Gonzales, tight end for the Kansas City Chiefs are both solid and consistent, and ED has a dividend of 5.1%. While EPD is a “bit of a sleeper,” it has a 4.65% yield, and is like Jason Witten, who has great potential.
Inverness a “one-stop shop for diagnostics” may be a takeover target for Johnson & Johnson or Procter & Gamble, according to Cramer, who likes it as a long-term play and gives it a triple buy. A potential catalyst is its impending acquisition of Chlolestech, and news is expected to come out on Wednesday. Cramer also likes MHS, which has risen 30% since his recommendation as well as Herbalife (HLF)
When asked if SMDI will be buying RFMD, Cramer answered in the affirmative and said he likes SMDI, but doesn’t feel confident about stocks levered to cell-phone components. Concerning PAY, Cramer said he “blew it” when he recommended the stock.
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