Stocks discussed on Cramer's Mad Money TV program, Thursday April 6th. Click on a stock ticker for more analysis:
Sealy Corporation (ZZ): New IPO priced last night at $16 per share, top of $14-16 range. Pay up to $18; stock is worth 18x forward 2007 earnings of $1.15, ie. about $20. Sell if stock goes above $20. 2% dividend provides downside insurance.
Unicredit (bank that trades in Italy under ticker UC.IM): Received regulatory approval to acquire the second largest bank in Poland. Poland is fastest growing real estate market in Europe. UC stock has no momentum, sells at 10x earnings.
Federated Department Stores, Inc. (FD): Board member Bill Stiritz just purchased 280,000 shares in the open market. $20 million is signficant commitment, biggest insider buy in memory. He is involved in Ralcorp Holdings, Inc. (RAH) and Energizer Holdings, Inc. (ENR), excellent track record. FD growing at 12%, integrating purchase of May Department Stores. Sells at on and a third times earnings at 16x -- cheap. Flat earnings announced today provide buying opportunity.
Arrow Electronics, Inc. (ARW): Solid story. "You need to be in a gadget stock".
Crystallex International Corp. (AMEX: KRY) and Goldcorp Inc. (GG): Goldcorp is attractive because the Redlake mine is the cheapest mine in the world to deliver gold from. Crystallex International is attractive because it suffers from a discount due to its presence in Venezuala, now being solved.
NYSE Group, Inc. (NYX): "We're waiting for John Thane to make his move. When he does, you'll go back to 100."
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