Alcoa (AA): Cramer predicts that Alcoa won't remain public in 2007, and although he likes the management, Cramer says they can't run the company anymore. He comments that the current share price is "pathetic" and at $27, AA should get a takeover bid of around $34 to $35 a share.
Honeywell (HON): Cramer notes that Honeywell CEO David Cote is taking steps to improve shareholder value, that the company is well-run and should move from $45 to the mid-50s.
Pfizer (PFE): Cramer notes that the company's CEO and chairman Hank McKillan, will be departing next year with a $200 million in compensation, and he thinks McKillan should return $50 million to $100 million back to the shareholders because "that's what a really big guy would do."
Seeking Alpha publishes a summary of Jim Cramer's stock picks every day including: Mad Money Recap, Lightening Round, Stop Trading and his Market Minute.
Get Cramer's Picks by email -- it's free and takes only a few seconds to sign up.
Seeking Alpha is not affiliated with CNBC, Jim Cramer or TheStreet.com