On Thursday’s MAD MONEY on CNBC, Jim Cramer reviewed Sony Corp. (SNE-NYSE/ADR) as a value and break-up play. He feels the companycould trade at $61 to $72 instead of $45 today if they broke themselvesup, and it could run a lot just if they hint of a break-up. Here are his full comments on Sony.
Cramer also thinks that Blockbuster Inc. (BBI-NYSE) is still a buyalthough it is up 39% since his November recommendation. Cramer thinksthat 2007 will be the year of Blockbuster. He even got to interviewJohn Antioco, its Chairman and CEO.
Cramerreviewed how Level 3 Communications (LVLT-NASDAQ) said is issuing sharesafter the close, and that this isn’t scary because it is in exchange toredeem debt. This is still his #1 speculative stock for 2007, and hereare his full notes on it from last week.
Cramer said he has been waiting to buy Baidu.com Inc. (BIDU-NASDAQ) on a call-in, butit hasn’t pulled back. He sanctioned a "small" buy in it for now.
Cramer noted again that Google Inc. (GOOG-NASDAQ) is cheap and he thinks it will go to $513 by next Wednesday, which is actually only 3 trading days away.