Jim Cramer's Mad Money In-Depth Stock Picks, Sept. 22

by: Miriam Metzinger

Stocks discussed in the in-depth session of Jim Cramer’s Mad Money TV program, Friday September 22. Click on a stock ticker for more analysis:

Wal-Mart (NYSE:WMT), Kohl's (NYSE:KSS), Home Depot (NYSE:HD), Corning (NYSE:GLW), and AU Optronics (NYSE:AUO)

Since the inventory problem with LCD TVs has been worked out and that HD, WMT and KSS are "all getting into the big screen TV game," Cramer observes that almost every stock tied to this popular product has moved except for AUO. Although GLW is more leveraged to LCD TVs, it has already gone up and Cramer singles out AUO as a cheap stock with long-term growth potential. He predicts that this $14.39 stock will go to $21 and adds that the company pays almost no taxes since it is based in China where it benefits from tax breaks.

Related: William Trent is bearish on LCD TVs.

Setting VeraSun: VeraSun Energy (VSE) and Archer-Daniels (NYSE:ADM)

Ethanol stocks and companies are not broken, says Cramer, "They are dead...done for good." On June 14, the day VSE went public, Cramer recommended selling ethanol stocks, and since then all of these stocks fell hard except for ADM. VSE plummeted 26% and Cramer insists ethanol is finished even if oil jumps back up to $70.

Related: Debra Fiakas expresses doubts about the viability of ethanol as a replacement for existing fuels.

Markup Week Picks

This week is "Markup Week," the end of the quarter when mutual funds start buying up some of their winning stocks through multiple brokers to appear stronger. Cramer suggests buying any of these stocks on Monday and selling them on Wednesday or Thursday. If forced to pick only one, Cramer would go with Charming Shoppes (NASDAQ:CHRS).

Retail: RadioShack (NYSE:RSH), TJX (NYSE:TJX) and Charming Shoppes (CHRS)
Tech: Nvidia (NASDAQ:NVDA), Apple (NASDAQ:AAPL), and Electronic Arts (ERTS)
Finance: T. Rowe Price (NASDAQ:TROW), Franklin Resources (NYSE:BEN), and Morgan Stanley (NYSE:MS)

Related: Phil Davis is critical of Morgan Stanley and other investment banks for "out-of-control commodity spending."

CEO Interview: General Mill's (NYSE:GIS) Stephen Sanger

When Cramer complimented him on the company's great quarter, Stephen Sanger replied, "We picked up the pace this quarter... You've been talking about soup, cereal and soaps, and we're two out of three of those." Concerning the increase in General Mills' advertising budget, Sanger commented, "When we see a great response to the advertising, we invest more in it."

Related: On his Sept 19 Stop Trading! show, Jim Cramer predicted a rally in staples like GIS.

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