12 Stocks Even Better Than Google
August 21, 2014
Jim Cramer’s ‘Mad Money’ Recap: 12 Stocks Even Better Than Google
Search Jim Cramer’s “Mad Money” trading recommendations using our exclusive “Mad Money” Stock Screener.
NEW YORK (TheStreet) — Investors who think Google (GOOGL_) has had a fabulous run over the past 10 years since its initial public offering need to think again, Jim Cramer said on Mad Money Thursday. Cramer highlighted a dozen stocks that have outperformed even Google.
Make no mistake, Google is a fabulous stock, Cramer told viewers, which is why he owns it for his charitable trust, Action Alerts PLUS. But investors looking for real growth should’ve invested in Keurig Green Mountain (GMCR_) or Monster Beverage (MNST_) , which were up 7,900% and 6,500% respectively over the past 10 years.
Read More: 7 Stocks Warren Buffett Is Selling in 2014
Then there’s Priceline (PCLN_) , the Google of all things travel, up 6,200%, and Apple(AAPL_) , another Action Alerts PLUS core holding, up 4,400%. Cramer said investors should just own names like these and forget about the circus that surrounds their earnings every 90 days.
Next on the list was a cohort of biotech names, all of which have been Cramer faves for years. They include AlexionPharmaceuticals (ALXN_) , Regeneron (REGN_) , Celgene (CELG_)and Gilead Sciences (GILD_) . Cramer said he still recommends all of these companies.
Rounding out the list is Netflix (NFLX_) ,up 2,800%, along with Intuitive Surgical (ISRG_) ,Western Digital (WDC_) and Salesforce.com (CRM_) . Cramer said he’d buy these names as well with the exception of Intuitive Surgical, which is past its prime.
Executive Decision: Marc Benioff
For his “Executive Decision” segment, Cramer spoke with Marc Benioff, chairman and CEO of Salesforce.com, which just delivered an earnings beat of 1 cent a share.
Benioff said that like Google, Salesforce just celebrated its 10th year as a public company. He said growth is accelerating, up 38% year over year, which led to $1.3 billion in revenue for the quarter.
Benioff touted many successes during the quarter, including the company’s marketing cloud powered by Exact Target, a partnership with Microsoft (MSFT_) and strong sales in Europe.
Read More: Housing Is Heating Up: Does This Change Fed’s Thinking?
When asked why Salesforce’s stock is flat on the year, Benioff said he’s not focused on the quarterly ups and down but rather on the running his company for the next 10 years.
Search
RECENT PRESS RELEASES
Related Post