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IMPORTANT NOTE - This show originally aired on June 30, 2005

Jim Cramer described strategies for profiting on aging Baby Boomers. He recommended companies that develop drugs for hypertension, lasers for surgery and orthopedic implants, and discussed plays in assisted living, casinos and insurance.

Hypertension, Erectile Dysfunction and Osteoporosis - Bullish - GlaxoSmithKline (GSK), Bristol-Myers (BMY), Pfizer (PFE), Eli Lilly (LLY) and Merck (MRK).

Cholesterol - Bullish - Schering-Plough (SGP), which sells Vytorin, “makes a lot of sense” around $20.

Hospitals - Bearish - “Government and labor make HCA (HCA) too difficult to recommend.”

Generic-drug makers - Bearish - Sell! Sell! Sell! “I think those stocks are dangerous.”

Boomer Vanity - Bullish - Consider companies that make lasers for cosmetic surgery, like Syneron (ELOS), Cutera (CUTR) and Laserscope (LSCP). Bullish - Patterson Dental (PDCO) and Dentsply (XRAY) as dental plays.

Cosmetics - Bullish - Procter & Gamble (PG) and Alberto-Culver (ACV). Bearish - Avon (AVP) or Revlon (REV).

Food - Bullish - Whole Foods (WFMI) is a Boomer play because it helps prevent disease.

Orthopedic Implants - Bullish - Zimmer (ZMH), Stryker (SYK) and Biomet (BMET). “Back up the truck,” but Cramer also advised viewers to “let the pricing come down then pick among the rubble.”

Assisted Living - Bullish - Sunrise Senior Living (SRZ) could be winners as the population ages. Bearish - Beverly Enterprises (BEV). which is too dependent on the government.

Gambling - Bullish - Harrah’s (HET), MGM Mirage (MGM)

Cruises - Royal Caribbean (RCL), Carnival (CCL).

Insurers - Bullish - MetLife (MET), Prudential (PRU) and Manulife (MFC) and said Nationwide Financial Services (NFS), Lincoln National (LNC), Jefferson Pilot (JP), UnitedHealth (UNH).

CramersMadMoney.com
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