Jim Cramer's Mad Money In-Depth Stock Picks, 9/14/07

Stocks discussed in the in-depth session of Jim Cramer’s Mad Money TV program, Friday September 14. Click on a stock ticker for more analysis:

Wall of Shame: Citigroup (C), Syntax Brillian (BRLC), Alcatel Lucent (ALU)

Cramer, "equal opportunity critic of bad CEOs" described three current "Wall of Shame" chiefs who disgraced themselves even further last week. Cramer owns Citigroup for his charitable trust and has been on a crusade to have CEO Chuck Prince removed, because the bank's management is "the worst he has ever seen" due to unwise investments. "Only their huge deposit base will save them." However, Cramer would hold Citigroup, because he feels it has potential. BRLC dropped 35% last week thanks to chief Vincent Sollito's passing the buck to Asian partners after the company failed to meet earnings expectations, according to Cramer, who added he resents the way Sollito painted a rosy picture of the company when he appeared on Mad Money. Cramer commented on Patricia Russo's "remarkable" lack of execution as the company's orders shrink amid a "telco boom" benefiting ALU's competitors. He would sell BRLC and ALU.

Outfoxing the Fed: Coca-Cola (KO), PepsiCo (PEP), Kellogg (K), General Mills (GIS), Wachovia (WB), Goldman Sachs (GS), Morgan Stanley (MS)

Cramer discussed three scenarios: the Fed would not cut rates and create "Armageddon," or would introduce a quarter or a half-point cut, either of which will not yield good results. Insisting that the Fed needs to cut rates a full point, Cramer said lesser cuts will lead to hard selling, and it is a good time to look at classic defensive stocks such as KO, PEP, K, and GIS. A half-point cut on Tuesday means it is time to buy solid financial stocks such as WB, MS and GS.

Fantasy Football Stocks: Exxon Mobil (XOM), Medco Health Solutions (MHS) Enterprise Products Partners (EPD), was Research In Motion (RIMM), Freeport-McMoRan Copper & Gold (FCX)

To conclude his fantasy football series, Cramer revealed his team picks on Friday. His quarterback was XOM which, like Peyton Manning of the Colts, is expected to match last year's great performance. MHS is a strong defensive play that could go to $100 and is as dependable as the New England Patriots. With a 6.5% yield and a good combination of safety and defense, EPD was Cramer's pick for tight end, and reminded him of Jason Witten of the Dallas Cowboys. RIMM is "doing fabulously be every metric" and "could double again." Cramer compared the company's potential growth to that New England Patriot wide receiver Randy Moss. FCX can survive a difficult economy, according to Cramer, and its gold business should do well in China. He picks FCX as his running back, similar to LaDainian Tomlinson of the San Diego Chargers.

Mad Mail: Caterpillar (CAT), EMC (EMC) and VMware (VMW)

Cramer told one writer that CAT is a good CEEMEA (Central and Eastern Europe, Middle East and Asia) play. Another writer questioned the need to diversify in a tech boom, and said 65% of her portfolio was made up of tech stocks. Cramer reminded her of the dot.com fiasco in the 90s. Finally, a writer asked Cramer why he preferred owning EMC to VMW. He replied that EMC benefits from the success of VMW but is cheaper and safer.

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