Jim Cramer’s Mad Mail: DNDN, CZZ, WWE, BRCD, SII, WFT
Jim Cramer told a viewer that Dendreon Corporation (NASDAQ:DNDN) is still a long-term buy and a great speculation. He said ethanol producer Cosan Limited (NYSE:CZZ) is not worth investing in because ethanol is a blight. “It uses a lot of water, it doesn’t produce any real energy that we need, it’s just a sop to the farmers,” Cramer said. He told another viewer that he isn’t a fan of World Wrestling Entertainment Inc. (NYSE:WWE). “This has a good yield, but it has no growth,” Cramer said, “I like yields that grow, or in other words, the dividend goes higher.” In regards to Brocade Communications Systems Inc. (NASDAQ:BRCD), Cramer said he wouldn’t sell the stock around the current price level, and instead wait for a rally to sell shares. Finally, Cramer told a viewer to ring the register on Smith International Inc. (NYSE:SII). He said he prefers Weatherford International LTd. (NYSE:WFT), a stock he has been buying hand over fist for his charitable trust. Get the scoop on tomorrow’s hottest trade ideas – TODAY! BeaconEquity.com PREMIER PICKS have an amazing track record. Join this select group and ride the profit wave!
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