Jim Cramer's Mad Money In-Depth Stock Picks, 7/13/07

Stocks discussed in the in-depth session of Jim Cramer’s Mad Money TV program, Friday July 13. Click on a stock ticker for more analysis:

Next Week's Game Plan: Coke (KO), Intel (INTC), United Technologies (UTX), Freeport McMoRan Copper & Gold (FCX), Honeywell (HON), Johnson Controls (JCI), Caterpillar (CAT), Schlumberger (SLB), Merrill Lynch (MER), Wells Fargo (WFC), JPMorgan Chase (JPM), Bank of America (BAC) and Citigroup (C)

Cramer expects better-than-expected earnings from the following companies, and would buy before their reports next week: KO, INTC, UTX, FCX, HON, JCI, CAT and SLB. Since banks are "on a mission to show that there is no slowdown" and are likely to raise their dividends and buy back stock, Cramer would buy MER, WFC, JPM, BAC and C prior to their earnings reports.

That 80s Show: Boeing (BA), Caterpillar (CAT), ConocoPhillips (COP), Energizer (ENR), Air Products & Chemicals (APD), Apache (APA), Terex (TEX)

"I've discovered alchemy," declared Cramer, noting the six stocks (BA, CAT, COP, ENR, APD and APA) he has discussed this week in connection with his theory (that stocks at $80 go to $100 and then to $120) are up an average of 5.2%. On Friday, Cramer added TEX to the list, since it is around $80 and will benefit from the "wild bull market" of infrastructure and machinery. He doesn't regard CAT as a rival, since "Terex's bread and butter is in aerial work platforms" which are not produced by CAT. He is not worried about competition from Manitowoc in the crane business.

Incredibly Risky Play: GeoEye (GEOY)

Cramer recommended GEOY as an "incredibly risky play" which is not for IRA money, but could have a major upside. Although it is the biggest commerical satellite company, GEOY has yet to make a profit. However, Cramer thinks outsourcing demands and Google Earth might make this company profitable, not to mention its main competitor is not a publicly traded stock. According to Cramer, the stock could double on the successful commission of a new satellite. However, the date has been deferred once, and if the satellite does not go up when expected, GEOY "could get hammered." While he urges caution, Cramer says GEOY is a great speculative stock.

Mad Mail: Taser (TASR), Excel Maritime Carriers (EXM)

Concerning Taser, Cramer says the shorts are "enfilading fire" and "the longs are winning." He changed his position on EXM, and regretted having been too bearish.

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Comments

[busterjay:]

any comments for geoy?

2007 Sep 05 09:45 PM