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Cramer: Energizer Heading to $120, Thanks to iPhone

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By Douglas A. McIntyre Updated Published
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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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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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