Jim Cramer's Mad Money In-Depth Stock Picks, 10/1/07

Stocks discussed in the in-depth session of Jim Cramer’s Mad Money TV program, Monday October 1. Click on a stock ticker for more analysis:

American Axle (AXL), General Motors (GM), Ford (F)

With the UAW negotiations settled in GM’s favor, Cramer says it’s time to buy Ford which is next in line to deal with UAW, and will probably win on GM’s victory blueprint. Cramer likes Ford better than GM because Ford has been “depressed” and has better potential cash flows. A good pin-action play on organized labor woes is AXL, whose contract with UAW expires next year, and if it makes a deal similar to GM’s, AXL will “break out at least six points to the upside,” said Cramer.

Related John Bethel thinks the GM-UAW deal is good news for shareholders.

Overlooked IPO: Dolan Media (DM)

With the Dow climbing, there are fewer easy money picks; Cramer suggested taking a look at overlooked IPO Dolan Media which went public in August and is a mortgage default processor. While this would have been a better play before the Fed cut rates, Cramer still sees an upside, and in spite of DM’s volatility, he notes the stock has moved from $17 to $24.

Related Bill Simpson thinks only one of DM's segments should have made the IPO.

Mad Mail: NYSE Euronext (NYX), Boeing (BA), Siemens (SI),

Cramer admits NYX has been a poor pick; although its financials are good, the stock keeps going down. He dismissed bearish rumors that Dreamliner is not safe and says BA is going from $106.65 to $120. While he says he suggested buying SI too early, he would hold on to the stock; “SI is a great, great company.”

Related Greg Calderone observes in spite of Cramer's failure picks like NYX, he has beaten the S&P 500 YTD

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