Jim Cramer's Mad Money: 10/23/07: Amazon Rides Into the Sunset

|
Includes: AAPL, AMZN, BB, CSCO, DRYS, GOOG, HSY, SHAW
by: Miriam Metzinger

Stocks discussed in the in-depth session of Jim Cramer’s Mad Money TV program, Tuesday October 23. Click on a stock ticker for more analysis:

The Rise and Fall and Rise of Shaw Group (SGR)

Cramer recommends buying Shaw Group, one of his favorite infrastructure stocks, because it was taken down on Friday's sell-off after powering "up relentlessly" following its earnings report. Cramer also likes Shaw as one of the few ways to play nuclear energy; "As each plant gets approval, the stock should go up," Cramer said. The stock has exposure to India and China and may be taken over. He says Shaw is "too cheap not to buy.

Related: TraderMark is impressed with SGR's earnings report.

At Home with Cisco (NASDAQ:CSCO)

Culling new ideas from Mark Penn's book, Microtrends: The Small Forces Behind Tomorrow's Big Changes, Cramer discussed the work-at-home culture and how Cisco will benefit, since it makes software connects workers to their offices. Cisco's acquisition of Linksys will allow the company to expand in this area. Cramer added Cisco deserves to be higher.

Amazon's Horseman Rides Solo: Amazon (NASDAQ:AMZN), Research in Motion (RIMM), Apple (NASDAQ:AAPL) and Google (NASDAQ:GOOG)

Amazon is galloping away from the Four Horsemen of Tech list, since Cramer suggests selling the stock. Of the remaining three riders, Cramer would sell 50% of both Apple and RIMM, which has seen a 127% rise since its initial recommendation. He would let Google ride.

Related: Larry Dignan reports AMZN's quarter failed to impress The Street.

Mad Mail: DryShips (NASDAQ:DRYS), Hershey (NYSE:HSY) Although he is bullish on dry bulk shipping, Cramer told a mailer he hasn't recommended DRYS because it has already risen significantly. Concerning HSY, Cramer would sell it on any rise, since its management has "lost its way."

Related: Hershey has recently seen a shakeup in its management.

Seeking Alpha publishes a summary of Jim Cramer's stock picks every day including: Mad Money Recap, Lightning Round, Stop Trading and his Wall Street Confidential Picks.

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

Seeking Alpha is not affiliated with Jim Cramer, CNBC or TheStreet.com

About this article:

Expand
Want to share your opinion on this article? Add a comment.
Disagree with this article? .
To report a factual error in this article, click here