Stocks discussed in the in-depth session of Jim Cramer’s Mad Money TV program, Friday January 25. Click on a stock ticker for more analysis:
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ConcoPhillips (NYSE:COP), Procter & Gamble (NYSE:PG), Altria (NYSE:MO), AT & T (NYSE:T), Wells Fargo (NYSE:WFC), Bear Stearns (NYSE:BSC), Toll Brothers (NYSE:TOL), Schering-Plough (SGP)
Cramer's game plan for next week involves making a shopping list of stocks to buy and making a move when the price is right. Good stocks to look out for include COP, which happens to be up at $76, and PG, which has the most dividend hikes in the Dow Jones Industrial Average and is down to $63. Cramer's perennial favorite, MO, is at $70 and has a dividend of 4.25%. He also adds T, WFC, BSC and TOL to his list. SGP was unfairly sliced in half after the FDA announced it was going to review the company's cholesterol drug, Vytorin, and Cramer says its low price of $18 reminds him of Bausch and Lomb, whose stock was lowered by a controversy over its tainted contact lens solution until it was given a takeover bid of $63, more than $20 above its lowered stock price.
Allergan is not just for flat chests and wrinkles anymore; a New York Times article reports its Lap Band surgery, which makes the stomach smaller and encourages lighter eating may cure Type 2 Diabetes in overweight patients. Studies show remission in 73% of patients and with 20 million Americans with diabetes in the U.S., Lap Band is here to stay. Cramer would buy half a position in AGN now and half following its January 30th earnings report. The stock is currently a bargain, 7% down.
Related: Dan Pritch discusses Botox's health benefits.
Sirius Satellite Radio (NASDAQ:SIRI), XM Satellite Radio (XMSR)
Cramer believes the SIRI/XMSR merger has a 75% chance of going through because the combined company can provide more options to consumers, the merger would not be a true monopoly and the market is so bad that the FCC might go ahead and give the green light. While he is rooting for the merger, Cramer says Sirius is a good buy on its own for the quality of its content and subscription growth.
Related: Tyler Savery presents arguments in favor of the SIRI/XMSR merger.
Thomas McDowell, manager of the Rice Hall James Micro Cap Fund (MUTF:RHJSX), T-3 Energy (TTES) McDowell says he is a risk manager as well as a fund manager and his fund, comprised mainly of small cap stocks, is focused on health care, industrial and consumer service sectors. McDowell says he is constantly searching for little-known companies with a unique product or service, and looks at growth potential more than potential takeovers. Every holding undergoes rigorous analysis of fundamentals, and to balance risk, he often will mix up holdings. One of the fund's holding is TTES, an under-the-radar energy company.
Related: Smallcap Investor says TTES is "gushing profits."
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