Saturday, April 12, 2008

Results of Russian and Eastern Europe Mad Money Tour

Last week, on the CNBC hit show Mad Money, Jim Cramer, the host of the show went through one Russian or Eastern European Stock per week. The results:
  1. Michel Steel (MTL)
  2. Wimm Bill Dann Foods (WBD), a Russian Dairy, Juice, Water and Baby Products Producer.
  3. CTC Media (CTCM), a Russian Television Network Operator
  4. Central European Distribution (CEDC), best known for Polish Vodka.
  5. Central European Media Enterprises (CETV) invests, develops, and operates Television stations in Eastern and Central Europe.

Before Wednesday's show, this blog attempted to guess the three remaining stocks Jim Cramer would choose on his show that week.

Here are the Perfect Matches. We were correct on:
  1. CEDC
  2. CETV

We missed CTCM. CTCM and CETV are too similar.

What was missing was Russian and Eastern European Telecom. We still say that Vimpel Communications (VIP) is a good choice for the region. Emerging Market Telecom is a growth area.

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