Recapping Cramer’s Calls From Tuesday DEC 5, 2006

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By Douglas A. McIntyre Published
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Yesterday, Jim Cramer had a fairly busy day on the markets.

He noted that now Sirius (SIRI) really needs to merge or they are done for after their warning; he also noted that he should have stuck by his guns and not allowed Mel Karmazin into tricking Cramer that the company didn’t need to merge.

Cramer talked up oil stocks on his TheStreet.com video and then again on CNBC’s STOP TRADING segment around 2:45 PM EST by saying that XOM-Exxon, COP-Conoco, and CVX-Chevron (yes, I know I butchered the names all off) as buys going higher because of buybacks.

Cramer noted ahead of an FDA meeting on stents that he thinks stents will be left on the market: Buy BSX-Boston Scientific if you are a risk taker, or Buy  JNJ-Johnson & Johnson if youare conservative; he didn’t note that SurModics-SRDX is J&J’s polymer maker for the drug coated stent nor that Angiotech (ANPI) is Boston Scientific’s drug coated stent polymer maker.

Cramer noted that TBL-Timberland could be bought by VFC-VF Corp, although it was more strategy for VFC and re-capping part of a takeover rumor and story already in the market since they hired Goldman to look for a buyer.

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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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