January 4th - Growth picks for 2007 - CSCO AAPL NYX

Following Cramer's Value picks, his 3 growth stocks for 2007 are:

#3:
Cisco Systems, Inc. (CSCO)

Closing Price: $28.46
After Hours High: $28.77
Percent Increase at High: 1.1%
After Hours Most Recent: $28.67
Percent Increase at Most Recent Price: 0.7%
Sector: Technology
Days to Cover: 1.3
Short %: 1.05 %
% Held by Insiders: 1.10 %
% Held by Institutions: 66.60 %
50 Day Moving Average: $26.21
200 Day Moving Average: $22.16
Average Price Drop for Sector: 4.3%

Tiny price pop after hours, but there is certainly no lack of supply with CSCO considering it traded over 73 million shares today. CSCO was hated just over a year ago when it was trading around $16-18 and has had a nice climb after some strong earning reports. All the market talk is tech right now with money leaving energy and getting into tech, and CSCO is one of the bigger tech names. Not something I want to short here for many reasons, and the first and foremost being that it really didn't go up after hours, and any jump tomorrow morning could be sector strength and not Cramer effect.

#2
Apple Computer Inc. (AAPL)

Closing Price: $85.66
After Hours High: $85.90
Percent Increase at High: 0.2%
After Hours Most Recent: $85.80
Percent Increase at Most Recent Price: 0.1%
Sector: Technology
Days to Cover: 0.9
Short %: 2.89 %
% Held by Insiders: 4.76 %
% Held by Institutions: 77.60 %
50 Day Moving Average: $84.98
200 Day Moving Average: $70.51
Average Price Drop for Sector: 4.3%

Again, like CSCO, hardly a price pop after hours, but these aren't exactly revolutionary picks. People must be holding off for the speculative picks tomorrow (LVLT anyone?) which is where the real money could be seen, or so people I assume are expecting. And my guess before #1 (yes, I am writing this before he actaully tells us) is GOOG! Shocking right? How could it not be GOOG? I guess we will find out after the lightening round.

#1
NYSE Group, Inc. (NYX)

Closing Price: $95.10
After Hours High: $97.73
Percent Increase: 2.8%
After Hours Most Recent: $97.54
Percent Increase: 2.6%
Sector: Financial
Days to Cover: 3.3
Short %: 43.52 %
% Held by Insiders: 0.71 %
% Held by Institutions: 59.90 %
50 Day Moving Average: $91.49
200 Day Moving Average: $72.64
Average Price Drop for Sector: 3.4%

Ok, mud on my face, the #1 pick was not GOOG. I guess it was just too obvious of a pick, but Cramer did mention it during the AAPL segment and said he still thinks GOOG is on its way to $600. So the NYX had the biggest pop, even though it was the most expensive. This is a sign that people are waiting for the #1 picks and not that eager for the #2 and #3, something to consider for tomorrow night at least. Too expensive for my blood, but as a commenter proved today (who shorted MO) there is still money to be made on the short side, but I personally like to stay away from the stocks over $40. NYX finished strong today, but was down after hours before Mad Money aired.