Stop Trading!: Magna's a Mover
Published: Tuesday, 25 Sep 2007 | 3:25 PM ET
Any time there's a change in emissions standards, exhaust-systems maker Tenneco profits, a Credit Suisse analyst told Barron's this weekend. Cramer said he likes the thesis, but there are better stocks in the sector.
Tenneco is too expensive and it has a unattractive balance sheet, Cramer told Erin Burnett on Stop Trading! Tuesday. He prefers BorgWarner or Magna . MGA is the "cheapest" and the "best run," Cramer said, adding that it's a growth stock in the sector.
Investors looking for a nuclear-power play could buy NRG Energy , but only if it's for growth in France, China and Japan, Cramer said.
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This growth stock is a great play on ever-changing emission standards.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.