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Dec.10
7:55 PM ET
Monday, 10 Dec 2007
Lightning Round: BlackRock, Annaly, DryShips and More
Posted By:Tom Brennan
Topics:Stock Picks | Stock Market
 |
]: “I’d buy one share and stick it in the stocking. That’s not coal, that’s BlackRock!” Cramer’s bullish on BLK.Wachovia [WB
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]: “It has been one of my favorites.”
Washington Mutual [WM
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]: “Be careful. It just cut the dividend.”
Wal-Mart [WMT Loading... ()
]: The stock is so cheap, Cramer said he thinks it could go to $51-$52.Accuray [ARAY Loading... ()
]: Cramer said he’d rather see investors in Intuitive Surgical [ISRG
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].Annaly [NLY Loading... ()
]: “If we catch a big rate cut [from Tuesday’s Fed meeting], this thing’s going to $20.” A smaller rate cut just means NLY will creep toward $20, but still get there, Cramer said.Horsehead [ZINC Loading... ()
]: “I think you should be a buyer of ZINC here.” Demand from China will keep companies like Horsehead busy for years, Cramer said. U.S. BioEnergy [USBE
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]: Cramer said he doesn’t like ethanol stocks. Sell, sell, sell.
Click for the rest of Monday's show
DryShips [SRYS Loading... ()
]: The Baltic Index, the measuring stick for these stocks, dropped, but it’s working its way back up, Cramer said. Diana Shipping [DSX
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] is cheaper, but he still recommended sticking with DRYS.Corus Bankshares [CORS
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]: There’s a huge short position on Corus, but a rate cut from the Fed could help this stock enormously, Cramer said.
Smith Wesson [SWHC
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]: Don’t buy, Cramer said.
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