Cramer's Stop Trading! Take a Longer Term Perspective, Goldman (3/30/11)

|
Includes: GS, HON, OC, PPG, PVH
by: Miriam Metzinger

Stocks discussed on Jim Cramer's Stop Trading! TV Segment, Wednesday March 30.

PPG Industries (NYSE:PPG), Honeywell (NYSE:HON), Owens Corning (NYSE:OC), Goldman Sachs (NYSE:GS), Phillips Van-Heusen (NYSE:PVH)

PPG Industries (PPG) pre-announced an incredible 18% earnings beat and Cramer thinks PPG is a company that is doing everything right; keeping raw costs down, raising prices and blowing away its numbers. "This company is taking share and taking names."

On the President's discussion of energy conservation, Cramer would buy Honeywell (HON) which regulates 40% of the heat in the U.S. and Owens Corning (OC). Of the latter, he said, "Do you know how well this stock will do if we ever sell a home again in this country?"

Cramer thinks Goldman Sachs' (GS) downgrade of Phillips Van-Heusen (PVH) was unfair and laments the fact that Goldman Sachs is in the habit of automatically downgrading stocks when they go up a few points; "Take a little longer term perspective Goldman!"

::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::

Jim Cramer was up 31% in 2009. Click here now to sign up for Jim's Action Alerts PLUS and trade alongside him. Special discount for Seeking Alpha users.

Get Cramer's Picks by email - it's free and takes only a few seconds to sign up.