GO
Loading...

Stop Trading!: Buy PCP

Monday, 1 Oct 2007 | 3:43 PM ET

Precision Castparts and Goodrich should be considered part of the booming infrastructure market, Cramer said during Stop Trading! on Monday.

Stop Trading!
Mad Money host Jim Cramer shares his stock picks with CNBC's Erin Burnett.

Both stocks should benefit from the global growth story just as Fluor and Foster-Wheeler should, he said. “There is no stopping them.”

Cramer also praised a “flawed” but well-timed Citigroup upgrade of homebuilders Lennar , Pulte , D.R. Horton and Centex . The report cut the price target on all of the stocks - a tough break for retail investors who base their picks on price targets - but Cramer said the upgrade itself was a good enough blow to the bears. For investors who want to try their hand with the homebuilders, Cramer recommended buying the senior debt because it is cheaper than the common stock.

His favorite of the beleaguered names is KB Home , which is “rapidly improving” and has an “impeccable” balance sheet.


Questions for Cramer? madmoney@cnbc.com

Questions, comments, suggestions for the Mad Money website? madcap@cnbc.com

  Price   Change %Change
CTXS
---
DHI
---
FLR
---
FWLT
---
KBH
---
LEN
---
CPMCF
---
PHM
---

Contact Mad Money

  • Showtimes

    Monday - Friday 6p ET
  • Jim Cramer is host of CNBC's "Mad Money" and co-anchor of the 9 a.m. ET hour of CNBC's "Squawk on the Street."

Mad Money Features

  • Grab the latest CNBC gear from the NBCUniversal Store!

  • Get a behind-the-scenes look at how Cramer formulates his investment advice. "Inside the Madness" is a column, which features e-mails and more with Cramer and his researcher Nicole Urken.

  • You’ve always wanted to hit the “Hallelujah!” button. Here’s your chance.