Jim Cramer Mad Money 7/21/09 Recap
Jim Cramer talked about the explosion of mobile internet. The growth of mobile internet is a “huge investable trend.” Cramer discussed MLB.com with its CEO Bob Bowman. Cramer stated multiple times MLB.com is the leader in mobile internet because of its “incredible content.” Subscribers at MLB.com can watch live game streams on their cell phones as well as radio broadcasts, game recaps and much more. The most important point made in the interview is the increase in mobile subscribers to MLB.com. In just two years the amount of subscribers to MLB.tv that were mobile grew from 8% to 30%! Bowman projected that within two years more than half of the visits to MLB.tv will be from mobile users.
In the lightning round Jim Cramer makes snap recommendations for the stocks of callers
Lightning round recommendations:
| Buy TRV FMER HBAN NUE (under 40 buy more) MHS CVS (dominant drugstore chain) NKE SBUX |
Sell ALL IMAX FUN UA (no momentum) AIG (emphatically against) |
In the final segment “Mad Mail” Cramer gave out two recommendations. The first is to get out of FRO and into Nordic because they have “no debt.” The second is VZ (Verizon) because it has a steady dividend and should be bought if drops below 29.
ALL
IMAX
FUN
UA (no momentum)
AIG (emphatically against)
Popularity: 48% [?]
