Stocks discussed on Cramer's Mad Money TV program, Thursday April 13th. Click on a stock ticker for more analysis:
Occidental Petroleum (OXY) -- Among all the oil stocks, Cramer likes Occidental for its highly leveraged position vis-a-vis crude prices -- more than 80% of the company's upstream volume is from crude, not refined oil. Trading at just 9x forward earnings, which is half of the sector multiple. Growing production in an impressive way. Analyst estimates way too low.
Energy Partners (EPL) -- Among the drillers, Cramer likes Energy Partners for their emerging Gulf of Mexico project; strong success rate on drilling projects; knocked down on Katrina, but attractive now; trading at same level as 12 months ago, despite rise in crude prices; cash flow multiple of just 2.6.
Advanced Micro Devices (AMD) and Intel (INTC) -- Following AMD's earnings reports and subsequent fall, Cramer thinks its time to start selling Intel and building a position in AMD. AMD is still 'despised' and its fall was 'absurd' given its strength and growing market share in high margin sectors. Cramer says the INTC/AMD situation 'reminds me of the GM/Toyota battle. Where is GM now? It's a healthcare provider, and it has a sideline business -- selling cars to stay afloat... The situation with INTC today is the same as GM way back when...'
VeriFone Holdings (NYSE: PAY) -- CEO interview; VeriFone acquired Lipman Electronic Engineering Ltd. (LPMA) this week, a move Cramer called 'brilliant'; Cramer sees VeriFone as a smart buy on high credit card usage -- a "huge buy on the recent pullback."
- Jim Cramer's latest stock picks and Mad Money recap, including: Mad Money, Lightening Round, Stop Trading and his Radio Show.