Jim Cramer's Stop Trading! Buy NYSE

02/26/07 - 02:54 PM EST

TheStreet.com Staff

Buy the NYSE (NYX Quote - Cramer on NYX - Stock Picks) ahead of its deal with Euronext, Jim Cramer said Monday on CNBC's "Stop Trading!" segment.

Cramer said the stock, trading recently at $90 and change, should hit $200 after investors figure out the kind of earnings growth the Euronext purchase will bring. Cramer said the Big Board parent has the opportunity to bring in a huge number of lucrative foreign listings that could drive profits through the roof.

Cramer also said infrastructure plays are going to be "en fuego" off Monday morning's TXU (TXU Quote - Cramer on TXU - Stock Picks) buyout. Cramer said that with TXU ditching its unpopular plans to build 11 coal-fired power plants, he's looking at other plant builders such as McDermott (MDR Quote - Cramer on MDR - Stock Picks) and Foster Wheeler (FWLT Quote - Cramer on FWLT - Stock Picks).

Cramer also said buyouts could be in order at some overlooked industrial names such as Louisiana-Pacific (LPX Quote - Cramer on LPX - Stock Picks) and Eastman Chemical (EMN Quote - Cramer on EMN - Stock Picks).

At the time of publication, Cramer was long NYSE Group.

Jim Cramer is a director and co-founder of TheStreet.com. He contributes daily market commentary for TheStreet.com's sites and serves as an adviser to the company's CEO. Outside contributing columnists for TheStreet.com and RealMoney.com, including Cramer, may, from time to time, write about stocks in which they have a position. In such cases, appropriate disclosure is made. To see his personal portfolio and find out what trades Cramer will make before he makes them, sign up for Action Alerts PLUS. Watch Cramer on "Mad Money" weeknights on CNBC. Click here to order Cramer's latest book, "Mad Money: Watch TV, Get Rich," click here to order his book, "Real Money: Sane Investing in an Insane World," click here to get his second book, "You Got Screwed!" and click here to order Cramer's autobiography, "Confessions of a Street Addict." While he cannot provide personalized investment advice or recommendations, he invites you to send comments on his column by clicking here.

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