Jim Cramer's Stop Trading! 10/16/07: Fluor Season

Recap of Jim Cramer’s comments on Stop Trading! Tuesday October 16. Click on a stock ticker for more analysis:

Fluor (FLR), Shaw (SGR), Bunge (BG), Foster Wheeler (FWLT): Cramer says Fluor, which is GE's infrastructure business, is on fire as is the sector and that FLR is a great way to play the Middle East; "Look at that chart! It's the north face of Everest!... It's into thin air... We're at base camp three!," remarked Cramer, while reminding viewers FLR is down $6-7 from its high. In addition, investors who want nuclear energy should look at SGR, which has doubled but is still processing many orders, as well as Foster Wheeler, which Cramer has been recommending for 100 points. He noted Bunge is finally "exploding."

Wells Fargo (WFC), US Bancorp (USB): While Cramer thinks WFC is alright, he noted they had high home equity losses. Even though USB had 4% home equity losses, it was "far more ahead of the game," and Cramer thinks USB is a buy, especially since Buffett has a stake.

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Comments

[Huh?]

Huh? Fluor - "GE's infrastructure business?" Jim, this is news.