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See Jim's
1:30pm valuable
Comments from
today's
"At The Half"
1:30pm show
here...
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Monday, 08/18/08
Posted 08/18/08, 09:13
am ET |
(Scroll down to see Jim's
comments below) |
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Today's date:
Monday, 08/18/08 |
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Dow Jones: |
11,479 |
- 180 |
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NASDAQ: |
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2,416 |
- 35 |
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S&P 500: |
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1,278 |
- 19 |
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Final Segment 1
Title: |
'Balance of
Power' |
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Featured Stock(s): |
Interview with Rick Perry (R),
Governor
The State of Texas
See Final Segment 2,
below...
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After this segment, you
can see Jim's
Sudden:Death picks
here...
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. . . .
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Jim's comments BEFORE the
interview:
As you know, we here at Mad Money
are on a crusade... a jihad...
to reverse the worst domestic
policy blunder we've made in
this country since Andrew
Jackson did away with the 2nd
bank of the United States in the
1830s...
I'm talking about the horrendous
biofuels mandate that's caused
30% of our corn crop to be
turned into a mere 3% of our
gasoline, in the form of
ethanol, a corrosive fuel that
no one wants, especially not in
their cars.
The ethanol mandate has jacked
up the price of chicken, pork
and beef, as the price of feed
for these animals has
skyrocketed. Ethanol's
costing you a lot of money, and
it ain't doing much for the
environment.
Ethanol is not the solution.
On this show, we have come out
in favor of wind energy, of
solar power, of nukes, of
natural gas... anything
but ethanol. And that's
why every Cramerican should love
Rick Perry. Rick Perry is
the republican Governor of Texas
who defied orthodoxy and asked
the EPA to reduce federal
ethanol requirements. Of
course, the EPA smacked him down
immediately... but his
state is leading the nation when
it comes to building new wind
farms and solar power
installations, spending billions
to build up the grid
infrastructure first, because
that's the main bottleneck to
using wind and solar...
the power lines aren't hooked up
to the panels and turbines.
For all of these reasons... a
personal hero of mine... I am
absolutely thrilled to welcome
Governor Rick Perry to the
show... Governor Perry,
welcome to Mad Money...
. . . .
.
Jim's comments AFTER the interview:
Now this man has horse sense!
And we've been saying it... this
ethanol's a joke. Wind power,
okay... natural gas. These are not
just themese that will make us money...
they're themes that will make us win the
second war of independence against the
bad guys.
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■ |
Stock Snapshots - Includes
all stocks mentioned above |
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Jim
Cramer's
rating on
this stock |
STOCK
SYMBOL |
Closing
price
that
day |
Opening
price
next
day |
Full Company
Name/Comments
(see comments above for
each) |
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Interview with Rick Perry (R),
Governor
The State of Texas
No specific stock picks.
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See all of tonight's stocks'
latest quotes on
Yahoo! Finance |
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Most popular
investing books ordered:
(click any book to see at
Amazon.com) |
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We need your help!
If you find our service valuable, your
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Final Segment
2
Title: |
'Mad Mail'... |
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Featured
Stock(s): |
See comments below... |
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After this segment, you
can see Jim's
Sudden:Death picks
here... |
. . . .
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■ |
Stock Snapshots - Includes
all stocks mentioned above |
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Jim
Cramer's
rating on
this stock |
STOCK
SYMBOL |
Closing
price
that
day |
Opening
price
next
day |
Full Company
Name/Comments
(see comments above for
each) |
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Mad Mail
Recommended
investing books
to read
Q:
I'm a new Army
officer who
graduated from
Bucknell
University.
I learned a lot
from your talk
there on the
Citizen in
America, and
I've read all of
your books
on investing.
I'm wondering if
you had any
other authors
you could
recommend.
Hopefully you
can help me find
not just boring
personal finance
books that tell
me what I
already know,
but I'm looking
for something
that goes deeper
into the market
and economy.
Thanks from
Cramerica, and
thank you for
helping out the
common man.
Jim:
Thank you for
mentioning that
Bucknell
speech...
I think the
world of
Bucknell and the
professor friend
of mine, Bill
Gruber, who was
inspiration to
how I got into
this business...
What I want to
mention to you
is that there
is... the best
kind of longer
book is a book
by
Ken Fisher's
that I like very
much, his most
recent one,
The Only Three
Questions That
Count... I
really like
it... I wrote
the
introduction.
My friend David
Darst has a book
out now, The Little Book That Saves Your Assets ...
another guy I
worked with at
Goldman Sachs.
I think those
are both worth
looking at.
Now I want to
just mention
that I think
that, in
general, the
larger ones to
read...
Benjamin Graham ...The
Intelligent Investor ... and Reminiscences of a Stock Operator...
which is by
Edwin Lefèvre,
which is a very
old book, that I
think gives you
really good
color.
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WAG* |
37.12 |
na |
Mad Mail
Walgreen Co. (WAG*)
Q:
I heard you you
endorse WAG*
this week over
your
past-favorite,
CVS.
What has changed
either with WAG*
or CVS that has
cause you to
change your
mind? My
understanding
was that CVS's
pharmacy benefit
planner,
Caremark, made
the difference.
Did their bid
for Longs
Drug Stores
make you bearish
or is it
something else?
Thank you for
all you do to
keep us educated
and entertained.
Jim:
Here's the
deal... I did
not like CVS Caremark Corp. (CVS)'s
number. I
think that
Caremark did not
do well. I
think the
company itself
would agree with
that. I
also believe
that WAG* has
agreed to stop
its willy-nilly
growth... and
get more
measured in its
growth. We
are over stored,
when it comes to
pharmacies.
I have been
buying WAG* for
my charitable trust, and I sold
CVS for a nice
gain up.
Their both going
to do well,
because of the
problems at
Rite Aid Corp. (RAD),
by the way...
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CVS |
38.28 |
na |
Mad Mail
CVS Caremark Corp. (CVS)
See WAG*
comments above
for:
CVS
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GOOG |
498.30 |
na |
Mad Mail
Google, Inc. (GOOG)
Q:
Thanks for
that fun
interview with
Eric Schmidt
(CEO of GOOG).
He had such a
laid back but
bold way of
explaining and
igniting
excitement about
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