Cramer's Stop Trading! Goldman Is Hard Money (4/20/10)

Includes: C, GS, HAL, ITW, PH, SLB
by: Miriam Metzinger

Stocks discussed on Jim Cramer's Stop Trading! TV Segment, Tuesday April 20.

Goldman Sachs (NYSE:GS), Illinois Tool Works (NYSE:ITW), Citigroup (NYSE:C), Parker Hannifin (NYSE:PH), Halliburton (NYSE:HAL), Schlumberger (NYSE:SLB)

"Goldman is hard money right now," said Cramer. Even excellent earnings can't take the edge off of the SEC's fraud investigation. While some investors wonder whether Goldman is worth buying on a decline, Cramer says, in the end, the stock may just be too hard right now; “You can waste a huge amount of time and energy talking and trying to understand Goldman and what’s going to happen,” Cramer said, “or you can go find Illinois Toolworks (ITW)."

Cramer likes the industrial sector in general, since the companies are slimming down and their revenues are "exploding." He also recommended Parker Hannifin (PH).

In the financial sector, Cramer recommended Citigroup (C) for its "amazing growth" and added it had "the best quarter" so far in this earnings season.

In addition, the drillers are "really breaking out." Halliburton's (HAL) earnings are a sign that things are getting better, and Cramer is looking forward to Schlumberger's (SLB) report on Friday.


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