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ValueClick Takes a Dip

Cramer analyzes what this signals for the stock.
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Dear Action Alerts PLUS Subscriber,

ValueClick (VCLK) has dropped back below $8, which I think is just too cheap for a profitable company with $3 a share of cash on the balance sheet. This is a company that posted 20% organic sales growth in a seasonally slow advertising quarter!

I'm going to purchase 500 more VCLK shares after you read this, giving me a total of 9,000.

Regards,

James J. Cramer

DISCLOSURE: At the time of publication, Cramer was long ValueClick.