Recap of Jim Cramer’s comments on Stop Trading! Thursday March 29. Click on a stock ticker for more analysis:
Reliance Steel (NYSE:RS), U.S. Steel (NYSE:X), Lone Star (LSS): Cramer suggests buying RS which was up 3% on the deal between X and LSS, but is still "the cheapest that's left" in the consolidation-driven steel sector. Concerning the acquisition of LSS, Cramer said "What a deal!"
GlobalSantaFe (NYSE:GSF): Cramer thinks a "monster seller" is doing investors a favor by giving them an opportunity to buy GSF, which Cramer thinks may be a takeover or merger targetfor Seadrill.
Tata Motors (NYSE:TTM), Frozen Food Express (NASDAQ:FFEX), RadioShack (NYSE:RSH): Cramer likes TTM as a secular growth story and doesn't think it will be affected by India's overheated economy. Cramer is looking into FFEX because of Bob Olstein's recommendation; "This guy, you've got to take down everything he says. That's how great he is." Cramer also likes RSH.
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