Jim Cramer has been consistently positive on Allergan (AGN), telling viewers to buy the stock since 6/7/2006 when he featured it on Mad Money a little over a year ago. Since then, the stock has risen nearly 30% on the back of its diverse drug portfolio and its signature Botox treatment. On 9/5/2006, Cramer declared the stock "in perpetual mon' back mode."
Chairman and CEO David Pyott has appeared on the show twice, and Cramer gave the stock strong buy calls after each instance. On 12/11/2006, Jim was quoted as saying, "the other day we saw a downgrade of this stock by Thomas Weisel Partners, downgrading on valuation. He's wrong. David's right." Lately, on 10/5/2007, Jim noted again, "Now, I cannot stress enough how remarkable this company is, it's turned itself into a one stop shop for all the cosmetic procedures!"