Cramer's Mad Money Daily Recap 7/29/05 - Load up on Terex

[Thierry Martin]

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Cramer's Mad Money Daily Recap 7/29/05 - Load up on Terex

Once again, Cramer couldn't wait till Monday to announce his Stock of the Week, Terex (TEX). Terex is selling at eight times next year's earnings, while Caterpillar (CAT) sells at 13 times next year's earnings. With a highway bill on the way, Cramer thinks it makes sense to buy the stock now.

Though Whole Foods Market's (WFMI) had a big run on Friday, after blowout third-quarter results delivered on Thursday night, Cramer thinks the stock still has more upside.

If you want to play the hurricanes and the reconstruction that takes place afterward, you should buy Lowe's (LOW).

Cramer urged viewers to buy Best Buy (BBY) on the downgrade it received from Raymond James on Friday.

Cramer hears talk that General Electric (GE) and Quality Systems (QSII) and even the U.S. government will eventually pull Allscripts down. He doesn't agree and says it is time to do a "back up the truck" on Allscripts Healthcare Solutions (MDRX).

The Lightning Round

Bullish - Revlon (REV), Chico's FAS (CHS), Microtune (TUNE), Denbury Resources (DNR), Energy Conversion Devices (ENER), Oil States International (OIS), Guitar Center (GTRC), Occidental Petroleum (OXY), BanColombia (CIB), Jones Lang (JLL), and Arris Group (ARRS).

Bearish - Six Flags (PKS), Winnebago Industries (WGO), Gateway (GTW), QLT (QLTI), American Capital Strategies (ACAS), Companhia Vale do Rio Doce (RIO), Ixia (XXIA), First Bancorp (FBP), First Data (FDC), Sunstone Hotel Investors (SHO), Calgon Carbon (CCC), and Constellation Energy (CEG).

[Ammar]

Hi everyone,

New here and just had a question about Cramer's weekly picks. Does he normally give a sell price or does he mention on the show a few days/weeks later that we should sell the stock now?

[Thierry Martin]

Cramer usually mentions where to sell, and when he doesn't, he says something on the show later. The only problem, and it may have something to do with his own trading being constricted by whay he mentions on the show, is that he sometimes says "I hope you sold the other day" when it is actually too late to sell with a profit. I guess he can't start phoning up every viewer, or holding a press conference, every time a company he recommended blows up unpredictably.

[Ammar]

Do did Cramer mention a sell price or timeline for Terex?

[Thierry Martin]

He said the stock will move after the highway bill goes through.