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Friday, February 4, 2011

Jim Cramer Super bowl stock picks

Some think Domino’s Pizza [DPZ 16.55 0.10 (+0.61%) ] is a buy, others say it’s Buffalo Wild Wings [BWLD 47.26 -0.28 (-0.59%) ]. But after decades of investing, Cramer urged viewers to skip the practice entirely.

Business Wire : Buffalo Wild Wings, Inc. Announces Fourth Quarter 2004 Results; Fourth Quarter Earnings Per Diluted Share of $0.30.

“I used to do it all the time,” he said, “and it never worked.”

Despite the heady days of the dot-com boom of 1999-2000, when networks were built out en masse to handle what people thought would be an enormous amount of Web traffic, it’s only now that the Internet’s potential is starting to be reached. And with that comes the need for new and better networks.

That is Cramer’s latest investing thesis, and it was predicated on the idea that Web applications like Netflix [NFLX 220.0902 8.6002 (+4.07%) ], Facebook and Google's [GOOG 610.42 0.27 (+0.04%) ] YouTube require an enormous amount of bandwidth. Plus, there’s the sea-change shift taking place to wireless networks from traditional terrestrial networks, further sparking growth in this business. Cramer named JDS Uniphase [JDSU 22.74 4.81 (+26.83%) ], Juniper Networks [JNPR 40.0301 1.5501 (+4.03%) ] and Ciena [CIEN 26.945 3.395 (+14.42%) ] as just a few of his top plays on the trend.

“They’re not done” going up, he said.

Cramer also said that with cotton prices down 2 percent, investors should still consider buying Phillips-Van Heusen [PVH 61.58 2.65 (+4.5%) ].

Toreador Resources [TRGL 14.98 -1.61 (-9.7%) ] was off almost 8 percent on news that the French government would delay shale gas and oil drilling until its impact on the environment was determined. The decision hit Toreador especially because of the company’s extensive exploration permits in the Paris basin.

Still, Cramer thinks the delay was typical of governments the world over, and he doubted drilling would be stopped for long given the immense energy demands facing France and other countries. So that bodes well for Toreador.
The Social Network (Two-Disc Collector's Edition)

“That stock will come right back up again,” Cramer said.
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