Stocks discussed in the in-depth session of Jim Cramer’s Mad Money TV program, Thursday December 14. Click on a stock ticker for more analysis:
Cramer urged investors to "check their enthusiasm at the door" when it comes to investing. He recommended GSOL last week, but told investors not to buy it after hours before doing their homework. He also said that people got too excited when J. Crew rose after it reported, and Cramer commented that people should have expected a decline. Now that the stock is at $39.99, Cramer says that it's time to pull the trigger, but to do so gradually. He likes the fact that the company underpromises and overdelivers, and applauds CEO Millard "Micky" Drexler who left Gap in 2002 and brought that company up 368%. Cramer thinks there is time to get into J. Crew because he doesn't envision that the pullback will be over until December 27.
Cramer likes to find indirect ways of playing the holidays, such as Safeway, which he discussed earlier this week. Another subtle strategy is to buy GSI Commerce which provides Web-related marketing, design and management for companies such as Dick's Sporting Goods and Burberry. Cramer comments that GSIC has growth like Google but it is trading at a 35% discount to Amazon. In addition, the stock is "criminally undervalued" and has a "truly incredible business" which plays on the secular growth of web retail.
Mad Mail : J.C. Penney (NYSE:JCP) and SAIC (SAI)
Cramer advised not to take the fact that JCP is offering a dividend as a sign that it is stalled, and concerning SAI, he comments that people who sold the stock because they were disappointed with the quarter will regret getting out. On a general note, Cramer said that uranium and nuclear fuel are too speculative.
Related: J.C. Penney reported a strong 3rd quarter.
More: Cramer's latest stock picks, including: Mad Money Recap, Lightening Round, Stop Trading and his Market Minute.
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