We always fry our turkeys for Thanksgiving and they come out so delicious. One of these days I am going to make a Turducken. If you aren’t sure what that is, check out Wikipedia. Doesn’t that bacon wrapped turducken look tasty? Yum.
Anyway, Happy Thanksgiving and happy black friday…the biggest shopping day of the season.
Keywords: Conexant, semiconductor, broadband
RMKR- Rainmaker is up over a dollar from where I recommended it. This company has 37% growth, and trades at 51 times earnings. This is a $10 stock in disguise.
TSCM- The Street.com is Jim Cramer’s stock market and investing news site. The stock got hammered down from 12 recently for really no reason. At 35% growth and trading at 22 times earnings, this should be trading at $20.
AMD- American Micro Devices recently acquired ATI Tech. Most market leaders would have you believe this was a bad move. I disagree. The move allows AMD to integrate their superior processor technology into high-end graphics cards. Intel isn’t the only game in town and processor speeds aren’t simply clock speeds. AMD has a better product and now has a greater reach into the high-end computing market. AMD has 10% growth and trades at 20 times earnings so it’s just about fair value right now. I still consider this a buy because of their position in the market. I recommended the stock at $20 and it’s up over a dollar since then.
KRY- Crystallex International is a Canadian mining company that owns the largest gold mine in Venezuela. Recently they have been approved in their audits and are only awaiting the word from Hugo Chavez to allow the mine to open. Not only will this put a lot of Venezuelans to work, it’s going to mean huge profits for Crystallex. You can catch a double on this one, but be patient and make sure it’s part of your speculative portfolio and not a major position.
Keywords: Jim Cramer, stock market, investing
