Cramer’s Value Pick Recap

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By Douglas A. McIntyre Published
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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.

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About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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