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Cramer: Energizer Heading to $120, Thanks to iPhone
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On tonight’s MAD MONEY on CNBC, Jim Cramer’s pick is Energizer Holdings (NYSE:ENR) that is close to $100.00 and headed to $120.00. One of the things that he found is that Energizer lithium batteries are said to add 46 hours of play-time between charges. The cost is only $29.99 and this extends the play-time before those iPod batteries die out. Cramer also likes the specialty battery business right now with Energizer sales growing double-digit. The float has gobe from over 80 million shares to under 60 million shares because of its buyback.
His pick ahead of this today was ConocoPhillips (NYSE:COP), and yesterday his names were Boeing (NYSE:BA) and Caterpillar (NYSE:CAT).
Jon C. Ogg
July 10, 2007
Jon Ogg can be reached at [email protected]; he does not own securities in the companies he covers.
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