CramerEffect.com » skyworks http://www.cramereffect.com Tracking the Stock Pick's of Jim Cramer Thu, 16 Dec 2010 23:18:50 +0000 http://wordpress.org/?v=2.8 en hourly 1 The Cramer Effect Lifts Healthcare Stocks http://www.cramereffect.com/2009/09/the-cramer-effect-lifts-healthcare-stocks/ http://www.cramereffect.com/2009/09/the-cramer-effect-lifts-healthcare-stocks/#comments Thu, 10 Sep 2009 21:38:39 +0000 admin http://www.cramereffect.com/?p=150 The Dow Jones Industrial average climbed for the fifth consecutive day, gaining 80 points to close at 9,627 on Thursday. The stock market’s gains were helped by a better than expected drop in jobless claims along with bullish guidance from Procter & Gamble (PG: 63.64 -0.09%).

Here is a review of the performance of Jim Cramer’s stock picks from Wednesday’s Mad Money show.

Healthcare Reform Stocks
MedcoHealth Solutions (MHS: 60.82 +0.33%), Express Scripts (ESRX: 50.78 -0.42%), St Jude Medical (STJ: 43.51 +0.21%) and Boston Scientific (BSX: 5.95 0.00%) also posted nice gains today after Jim Cramer predicted that President Obama’s healthcare reform plan was unlikely to go through. Cramer was bullish on these healthcare stocks and urged investors to buy given the unlikelihood of Obama’s reform program getting through Congress.

Skyworks Solutions (SWKS: 24.28 +2.49%)
Skyworks Solutions stock jumped 12% today after Cramer interviewed CEO David Aldrich on yesterday’s Mad Money program. Cramer has been very bullish on the mobile internet revolution and included the stock in his Mobile Internet Index that he created on August 11.

The Skyworks CEO believes the company’s outlook is improving due to increasing consumer demand. The company is also benefitting from the increasing adoption of Wifi technology. Cramer reiterated his strong bullish views on Skyworks and the mobile internet sector in general.

Cramer’s Lightning Round stock picks:

XTO Energy (XTO: 0.00 N/A) jumped 3.9% – Cramer recommended that investors stick with the stock for the second consecutive day.
Brigham Exploration (BEXP: 0.00 N/A) fell 0.3% – Cramer was bearish on the stock and believes its run is over.

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