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RealMoney.com: Jim Cramer Blog
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This Market Rocks, If You Look at Rocks

By Jim Cramer
RealMoney.com Columnist

2/6/2006 9:54 AM EST
Click here for more stories by Jim Cramer
 
 Market Analysis
  • The market is trendless and boring if you look where the media does, at media and tech.
  • But the bid for Lafarge reconfirms the amazing bull market in rocks.
  • Watch Martin Marietta Materials, Vulcan Materials and Florida Rock as plays on infrastructure work.

Trendless and boring? Or exciting and lucrative?



I am thinking of what the news media is obsessed with: GM (GM - commentary - Cramer's Take) dividend cut, lack of trading catalysts, the coming nuclear war with Iran. And what I am focused on: the Lafarge (LR - commentary - Cramer's Take) bid for Lafarge North America (LAF - commentary - Cramer's Take) -- that latter now up $16 as I write -- that reconfirms the amazing bull market in rocks!

This big bid is getting no notice at all because the media just can't focus on things like cement or rocks or aggregates. The CEOs are boring. You don't want to go out with the executives. You don't want to kiss up to them at the Four Seasons. You don't want to be their pal. Who cares about them?

Of course, I do, because it is where the money is. I continue to believe that the endless attempts by the media to focus mostly on the media, with a minor chord on tech, are throwing so many people off the scent of real money.

If Lafarge gets a bid, how far is a bid for Martin Marietta Materials (MLM - commentary - Cramer's Take)? Does Vulcan Materials (VMC - commentary - Cramer's Take) stay independent? How about Florida Rock (FRK - commentary - Cramer's Take)? Remember, these are levered to the endless infrastructure work that the government has insured will happen.

Focus on that.

Not on the nonsense that is wanting to sit down with Carl Icahn or Sumner Redstone or any of these yesteryear players.

Here's your chance to pick the stock you'd like me to feature on my radio show Feb. 9:
Ford
Amazon
Electronic Arts
Comcast
Palm
AIG

REMEMBER to listen in on Thursday for my take on the stock that wins this poll!





ALL JIM CRAMER BLOG ENTRIES | READ COMMENTS  


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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. Listen to Cramer's RealMoney Radio show on your computer; just click here. Watch Cramer on "Mad Money" at 6 p.m. ET weeknights on CNBC. Click here to order Cramer's latest 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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