Jim Cramer's Mad Money - June 30, 2005
Jim Cramer seems to be taking a vacation over this holiday weekend so tonight his show dealt with Baby Boomers and how to make money on their aging demographic. There used to be a mutual fund run that focused on nothing but investing in baby boomer demographic trends. If you know the name of the manager, fund, or have any other information on this in general I'd love to hear from you.
Quick hits from his show:
78,000,000 Baby Boomers in this country
Drug Stocks
May start looking good 3-5 years out
Hypertension, Erectile Dysfunction and Osteoporosis these are the long term plays Cramer is interested in for Baby Boomers and drugs.
Watch the number of prescriptions to see which drugs are going to win out.
Vanity
Cosmetic lasers, hair dye, teeth are growth areas
Orthopedic Implants
22 Billion market right now Cramers argument is that more physical activity, more weight lead to greater demand for knees and hips.
Housing and Travel
Buy Land Banks, assisted living stay on top of consumer trends though
Insurance
Cramer believes that United Health (UNH) is the ultimate takeaway here, in insurance and amongst ALL of the Baby Boomer potential stocks from this show.
Drug Stocks - GSK - m y - 48.51 - GlaxoSmithKline plc (ADR) -
Drug Stocks - BMY - m y - 24.98 - Bristol Myers Squibb Co. -
Drug Stocks - MRK - m y - 30.8 - Merck & Co., Inc. -
Drug Stocks - PFE - m y - 27.58 - Pfizer Inc. -
Drug Stocks - LLY - m y - 55.71 - Eli Lilly & Co. -
Drug Stocks - SNY - m y - 40.99 - Sanofi-Aventis (ADR) -
Thought - THC - m y - 12.24 - Tenet Healthcare Corporation - TRIPLE SELL -
Caller Question - Generic Stocks - - BEAR - TRIPLE SELL -
Vanity - ELOS - m y - 36.59 - Syneron Medical Ltd. - BULL - Laser Device Maker
Vanity - LSCP - m y - 41.44 - Laserscope - Laser Device Maker
Vanity - CUTR - m y - 17.35 - Cutera, Inc. - Laser Device Maker
Vanity - PG - m y - 52.75 - The Procter & Gamble Co. - Hair Color
Vanity - ACV - m y - 43.33 - Alberto-Culver Company - Hair Color
Vanity - PDCO - m y - 45.07 - Patterson Companies, Inc. - BULL - Teeth
Vanity - XRAY - m y - 54 - DENTSPLY International Inc. - BULL - Teeth
Caller Question - WFMI - m y - 118.21 - Whole Foods Market, Inc. - BULL -
Caller Question - AVP - m y - 37.85 - Avon Products, Inc. - BEAR - think ACV instead
Caller Question - REV - m y - 3.07 - Revlon, Inc. - TRIPLE SELL -
Thought - CHS - m y - 34.28 - Chico's FAS, Inc. - Baby Boomer Style / Clothing stock
Hips and Knees - ZMH - m y - 76.17 - Zimmer Holdings, Inc. - Not "incredibly enthusiastic about the sector in the short run"
Hips and Knees - SYK - m y - 47.56 - Stryker Corporation - Not "incredibly enthusiastic about the sector in the short run"
Hips and Knees - BMET - m y - 34.63 - Biomet, Inc. - Not "incredibly enthusiastic about the sector in the short run"
Thought - LTM - m y - 32.81 - Life Time Fitness, Inc. - "For me" - the exercise equipment stock he'd go for
Thought - BFT - m y - 3.24 - Bally Total Fitness Holdings Corporation -
Thought - NLS - m y - 28.5 - Nautilus, Inc. -
Caller Question - UNH - m y - 52.14 - UnitedHealth Group Inc. - BULL - Cramer Owns It -
Housing and Travel - SRZ - m y - 53.98 - Sunrise Senior Living, Inc. - BEST OF BREED - Assisted Living
Housing and Travel - HCR - m y - 39.73 - Manor Care, Inc. - Assisted Living
Housing and Travel - BEV - m y - 12.74 - Beverly Enterprises, Inc. - Assisted Living - be careful not as good as others potentially more volatile
Housing and Travel - HET - m y - 72.07 - Harrah's Entertainment, Inc. - Tourism
Housing and Travel - MGM - m y - 39.58 - MGM MIRAGE - Tourism
Housing and Travel - RCL - m y - 48.36 - Royal Caribbean Cruises Ltd. - Tourism
Housing and Travel - CCL - m y - 54.55 - Carnival Corporation - Tourism
Caller Question - JOE - m y - 81.54 - The St. Joe Company - BULL - Cramer Owns It -
Insurance - PRU - m y - 65.66 - Prudential Financial, Inc -
Insurance - MFC - m y - 47.81 - Manulife Financial Corporation ( USA ) -
Insurance - MET - m y - 44.94 - MetLife, Inc. -
Insurance - C - m y - 46.23 - Citigroup Inc. -
Insurance - NFS - m y - 37.94 - Nationwide Financial Services, Inc. -
Insurance - LNC - m y - 46.92 - Lincoln National Corporation -
Insurance - JP - m y - 50.42 - Jefferson-Pilot Corporation -
Insurance - UNH - m y - 52.14 - UnitedHealth Group Inc. - BEST OF BREED - BULL - Cramer Owns It - Insurance AND Healthcare
Disclaimer: This blog has no affiliation with Jim Cramer, CNBC, or Mad Money. If you'd like to contact Jim Cramer directly, email him at madmoney@cnbc.com, or call 1-800-743-CNBC. This summary is done for you and I to be able to better track and follow Jim Cramers comments. ACCURACY IS NOT GUARANTEED but is however strived for.
NOTE: I've added today's closing price to each of the stocks listed below. The "m" next to the stock symbol links to the stock on moneycentral.msn.com while the "y" does the same to finance.yahoo.com. Clicking on the symbol itself takes you to a Google search of the website for that symbol.
"Bull", "Bear", "Best of Breed" and other marks can be inferred and don't necessarily need to be stated directly for me to record them as such.
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Jim Cramer's Mad Money is just that -- mad. Also, a good bet to lose money by excessively trading in and out of good stocks. He often pumps stocks that have already had a huge run. Clearly he's not concerned with value or the price you're going to pay for earnings. Just look at Google. He's gagga for it. If I had the money and time I'd short it. No company on earth justifies a 120 PE multiple. Watch I promise the stock is coming down hard soon.
I agree that Cramer often Pumps up a stock that have had huge runs, but on Google just look at what it is going to earn or could earn.. $7.00 a share @ 50 times next years earnings, that is your $350.00. Cramer did hit Google way before anyone did. He was looking at it when it was at below $200.00. Anyway you do have to be real carefull what you pick out of his comments, but you want to short google that is a huge risk.
