Cramer On Mad Money Recommends JCG, MW, GNTX, DMA; Asks Investors To Avoid CRZO, CLNE
On his "Mad Money" TV show on Friday, Jim Cramer told investors that the game plan for the week starting March 8 would be to focus on the sentiments conveyed by individual companies, rather than on macroeconomic data. Cramer recommended buying J Crew (NYSE: JCG) ahead of its earnings results. According to him, Crew is "the finest retailer in the country," with strong management and easy comparisons. He has the same view for Men's Warehouse (NYSE: MW), which is believed to have bright same-store sales growth prospects.
Jim said he'll focus on the performance of Dick's Sporting Goods (NYSE: DKS) to project the results that Nike (NYSE: NKE) and Under Armour (NYSE: UA) may post. He thinks that the results of Chinese firm E-House (NYSE: EJ), to be declared on Tuesday, could provide an insight into the state of real estate in the Asian nation. Similarly, investors can gauge the performance of private label food companies like Treehouse (NYSE: THS) and Perrigo (NASDAQ: PRGO) by going through the results announced by grocery store chain Kroger (NYSE: KR).
Cramer said that he would prefer to not buy Carrizo Oil & Gas (NASDAQ: CRZO) if natural gas futures trend lower on Wednesday, while not investing in Brown Forman (NYSE: BF-B) at all. According to him, there may be some profit-taking opportunity from Clean Energy Fuels (NASDAQ: CLNE).
In the "Speculation Friday" segment, Cramer recommended Gentex (NASDAQ: GNTX). Although GNTX is a high-tech auto-parts maker specializing in auto-dimming rear view mirrors, Jim said that it is more like a technology company. Cramer pointed out that GNTX has an impressive balance sheet, with $2.25 a share in cash and no debt liabilities. However, Cramer does not recommend buying the stock at a price higher than the current price, as it is trading just marginally short of its 52-week high.
Cramer also recommended DreamWorks Animation (NYSE: DMA) to its viewers. DMA was added by restaurateur Danny Meyer to his hospitality index just two weeks ago. Meyer’s index has soared 101% since its launch on February 2, 2009 and DMA has the potential to generate high profits.
