Cramer's Stop Trading! Ford Will Prevail (6/8/09)

Stocks discussed on Cramer's Stop Trading! TV Segment, Monday June 8.

Stop Trading! Ford (F), GM (GM), Boeing (BA), SLM Corp (SLM), Kohl's (KSS), Home Depot (HD), Target (TGT), Best Buy (BBY), Lowe's (LOW), J. C. Penney (JCP)

Cramer thinks Ford is going to be the winner among American automakers. Even though GM and Chrysler have the advantage of government backing, Ford has CEO Alan Mulally, who successfully turned around Boeing. If auto sales stay at 10 million, "Ford could do really well here," said Cramer.

Cramer recommended buying Boeing ahead of the Paris Air Show June 15 and its much anticipated (and delayed) release of its 787 Dreamliner. He says there are other catalysts that will launch this stock.

Even though Obama wants to give the government more of a role in managing student loans, private companies like SLM are still going to be needed for debt collection and loan servicing. Cramer thinks SLM got unfairly hammered on the news of these reforms which colleges are going to be reluctant to embrace fully. Cramer has called SLM the Speculative Stock of 2009, likes its balance sheet and thinks it could double.

On Obama's resolution to create 600,000 jobs, Cramer would look at the retail sector which will benefit most from new paychecks for consumers. Strong names in the sector include Kohl's, Target, Home Depot and Lowe's and JC Penney.

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Comments

[Ellito:]

For BA ?
too much union power.
no good.
will choke the goose.

Jun 10 05:46 AM

[Maxe Paul:]

Another kindergarten lesson by Cramer.

Cramer says touch your toes, Cramer says put your hands in the air, Cramer says touch your nose, Cramer says buy at the top, Cramer says sell at the bottom..........OK children time for a nap!

Jun 10 01:42 PM

[Mr. Ed, Jr.:]

"On Obama's resolution to create 600,000 jobs, Cramer would look at the retail sector which will benefit most from new paychecks for consumers"

135,00 jobs are slated for teachers and school staff (Is this the back-to-school hiring that happens every year in September ? )
125,000 are youth summer jobs, supervised by Dept of Labor. (Big money there)

That leaves 340,000 jobs which I presume will be chalked up to "jobs saved", a completely ridiculous category.

So, based on an absurd promise to "create or save" 600,000 jobs, Camer suggests retail will benefit

Just recently, Cramer wrote an article about Bernanke being a financial god.

As someone who has defended Cramer in the past, I have to abandon my position. I now view his opinions as completely worthless.

Jun 10 06:53 PM