Cramer's Stop Trading! The Epicenter of Commerce (4/21/09)

Stocks discussed Jim Cramer's Stop Trading! TV Program, Tuesday April 21.

Nordic American Tanker (NAT), Frontline (FRO), Texas Instruments (TXN), Caterpillar (CAT), State Street (STT)

Cramer says the Suez Canal is the "epicenter of commerce in the world right now" and thinks Nordic American Tanker and Frontline will benefit as more goods are shipped through the canal. He noted that Nordic has not yet moved and thinks it will in the near future. China heating up is also good for this region. Texas Instruments and Caterpillar have both indicated that China is heating up and Cramer says he is a "gigantic believer" in the bounce in Asia.

Concerning State Street, Cramer said he was confident that bank could outperform its competition.

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Comments

[Ishortyou:]

thanks for the info

Apr 22 06:53 AM

[herbert hoover:]

The only thing CAT is good for is a short. It's current price puts it at 30 times forward earnings. Cramer is a moron

Apr 22 07:23 AM

[evrydude:]

i think your wrong about cat...


On Apr 22 07:23 AM herbert hoover wrote:

> The only thing CAT is good for is a short. It's current price puts
> it at 30 times forward earnings. Cramer is a moron

Apr 24 02:41 PM