Cramer: Try These 7 Bull Markets
"There's always a bull market somewhere."
Those six words have long been Cramer's mantra; the idea that helped him make "fortunes" when he ran $500 million at his hedge fund. Today, it's the fundament of "Mad Money" and on Thursday's program, he outlined seven bull markets happening right now:
Cramer thinks there's a multi-year bull market in the precious metal. With prices having fallen lately, Cramer thinks it's time to buy. He suggests Eldorado Gold or the SPDR Gold Shares exchange-traded fund, which both fell Thursday.
AerospaceBoeing , the second-biggest commercial-jet maker, won an order for 50 single-aisle 737 planes Thursday. Meanwhile, metal parts maker Precision Castparts reported better-than-expected quarterly results, citing growth in its aerospace business.
Cramer fave Cummins is now trading at a discount, he noted. He also likes Westinghouse Air Brake Technologies . Known as Wabtec, the Wilmerding, Pa.-based company makes truck brakes. Cramer also recommends truck manufacturer Navistar International or Eaton , which produces a variety of parts for heavy-duty trucks.
Energy-Saving and Monitoring
Speaking of Eaton, Cramer thinks it's at the center of another bull market: the energy-saving and monitoring business. Businesses are trying to raise margins by cutting costs and Eaton's power-supply systems can help reduce one's energy bill. Cramer also likes climate-control company Johnson Controls and heating, ventilation and air-conditioning play Ingersoll-Rand .
This bull market came about simply because people are hanging onto their cars longer, Cramer said. Monro Muffler Brake recently reported better-than-expected quarterly earnings results. Cramer also recommends picking up O'Reilly Automotive or Advance Auto Parts . You could use deep-in-the-money call options to pick up AutoZone , too.
Following talk of a global food shortage and that grains are in short supply, farmers are going to need to grow more with less. That's where companies like Mosaic , Agrium , Deere , Tractor Supply and DuPont come in.
Although a major seed producer, DuPont is also part of the chemicals bull market. With high demand for plastics, like poly and ethyl, Cramer recommends LyondellBasell Industries, Dow Chemical and PPG Industries .
When this story was published, Cramer's charitable trust owned Boeing, Cummins and Johnson Controls.
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