Jim Cramer's Mad Money In-Depth Stock Picks, Sept. 5

by: Miriam Metzinger

Stocks discussed in the in-depth session of Jim Cramer’s Mad Money TV program, Tuesday September 5. Click on a stock ticker for more analysis:

6 Million Dollar Man: Medtronic (NYSE:MDT), St. Jude (NYSE:STJ), Boston Scientific (NYSE:BSX), Northstar Neuroscience (OTC:NSTR), Cyberonics (NASDAQ:CYBX), Nxstage Medical (NASDAQ:NXTM), Kyphon (KYPH), Smith & Nephew (NYSE:SNN)

Cramer recommends medical stocks, and, in particular, companies that make medical-replacement parts. He decided to build a "6 million dollar bionic man" to demonstrate which medical picks he prefers. First, for the bionic man's heart, Cramer suggests MDT, in spite of its average quarter and STJ, but he would leave BSX alone. Although there is no technology to develop a new brain, companies such as NSTR and CYBX create brain transplants to treat neurological problems. Cramer says that NSTR is a "broken company" and chooses CYBX instead. For the bionic man's kidneys, NXTM fits the bill, KYPH can provide the spine and SNN is reliable when it comes to the other bones.

All is Vanity: Wright Medical (NASDAQ:WMGI), Alcon (NYSE:ACL), Bausch & Lomb (BOL), Allergan (NYSE:AGN), Medicis (MRX), Mentor (MNT), Pfizer (NYSE:PFE) and DJO (DJO)

This bionic man needs to look good as well, since, according to Cramer, our "vain and pathetic desire for good looks is what makes the wheels of capitalism spin along." First, he will need replacement tendons from WMGI so he can play guitar and get a date. Cramer chooses contact lenses from ACL rather than from BOL, since the latter would be an "embarrassment." For the bionic man's wrinkles, he will need Botox from Allergan and Mentor, and the bionic woman will need breast implants from MNT. Finally, he can acquire hair from Pfizer's Rogain and, to recover from all of his surgery, he should pick up DJO.

Seeking Alpha publishes a summary of Jim Cramer's stock picks every day including: Mad Money Recap, Lightening Round, Stop Trading and his Radio Show.

Get Cramer's Picks by email -- it's free and takes only a few seconds to sign up.