04/10/06
The lead segment for today's show
was "Rigging the Odds: Making money off of the shortage in
oil rigs."
High oil prices have renewed
interest in Indonesian oil field exploration. The problem;
however, is a lack of oil rigs. That's why Jim loves National
Oilwell Varco Inc. (NOV).
This is the best way to invest in high oil prices. This stock,
Jim believes is worth at least $77 and at $66, then back up the
truck.
Cramer's Stock Pick of the
Week
NuVasive,
Inc. (NUVA),
focuses on minimally invasive spinal surgery. This is a
baby boomer play on bad backs. This pick is about timing. They
missed their numbers, but they have great growth potential.
Since this is a small company, missing numbers isn't as
important as it is for larger, more established company Jim
notes.
Telco Turnaround
Avaya
Inc. (AV)
is a triple buy right because it is a dirt cheap stock right
now. Their VOIP business is growing right now. They have a lot
of cash, great gross margins, and they are buying back lots of
stock. Jim suggests waiting until they report before buying a
position in this hot VOIP stock.
General Communications
General
Communications Inc. (GNCMA)
is an Alaskan phone and Internet company, and Jim interviewed the
CEO today. Jim says this is a buy and worth your investigation.
Mad Money
Lightning Round Picks
Bulls
UNH
BRCD
JNPR
RIO
GLW - ONE THUMB UP UNTIL THE ROTATION IS OVER
Bears
CC
SNDK
NHWK - HOLD OFF, STILL A GOOD STOCK.**
MRVL - HOLD OFF AS WELL.
NL
FIZ - LET IT COME IN A LITTLE BEFORE BUYING.
FNSR - BUY WHEN IT HITS $4.25.
** THERE IS A ROTATION OUT
OF HEALTH CARE AND SOME TECH. INTO OIL, MINERALS, ETC. MIGHT BE
WORTHWHILE TO LET THESE DROPS.
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