'Mad Mail'

Pepsi (PEP*)

Q:      Jim,
I know Pepsi (PEP*) has been one of your favorite stocks in consumer staples. I am concerned lately because it seems to be languishing just above its 52-week lows. I know they reported great results and announced the bid for Pepsi Bottling Group Inc. (PBG) and PepsiAmericas Inc. (PAS)… what gives? Is this something to be concerned about, or will Pepsi still win the cola wars?
Thanks, Paul

Jim:    I own Pepsi and I have owned it for some time for ActionAlertsPlus.com, where I send out emails first before I trade, that is my charitable trust… I give all of the profits to charity… I do not have profits in Pepsi, in part because they are making these bids… you have correctly hit on what is keeping this stock down… and know it looks like that there is bad blood, this is going to be long and drawn out… I do not want to tell you to sell it, because it has got a good yield and it is the cheapest that I have ever seen it… but it will not move up anytime soon… that is what I told readers of ActionAlertsPlus.com.

'Mad Mail'

Freeport-McMoRan (FCX*)

Q:      Jim,
A couple of months ago when you recommended Freeport-McMoRan (FCX*) - I bought in at $27. Now that it’s around $50, should I sell and take a profit or do you think it still has a lot of room to run? I don’t want to get out of it too early and watch it go up to $80 - $100. Missing out on some extra G’s would make me sick. I still believe in FCX’s story, but I don’t want to get too greedy.
Thanks, Adam

Jim:    Adam listen to me, that whole concept of missing out would make you sick…no, what would make you sick, what should make you sick as I say in the gospel according to Jim Cramer Real Money, is giving up that gain… you must sell this stock… if you give up that gain I will never forgive you… I had a similar for my charitable trust and I took it… do not worry about the up side, you have a huge win… I am concerned that you have the wrong balance about what we should care about… I care about the risk, you already have the reward.

'Mad Mail'

JDS Uniphase Corp. (JDSU)

Q:      Cramer,
My one year old son Henry loves your show, he was wondering what you thought of JDS Uniphase as a spec stock for his portfolio?
Henry

Jim:    You know what Henry, unless you want to have child services come to your house and take away your kid… you do not buy that JDSU, friend… and I am being very serious, I will call child services… and it is also a violation of the 8th Amendment of cruel and unusual punishment to buy the stock of JDSU… which should stand for just don’t sue us… I really don’t like the stock, have I made that clear.