DOW
loading...
NASDAQ
loading...
S&P
loading...




Action Alerts PLUS
RealMoney Silver
Market Movers
Stocks Under $10
Options Alerts
Breakout Stocks
View All


Now, enjoy the good life every day!

RSSRSS FEEDS
PODPODCASTS


RealMoney.com: Jim Cramer Blog
Print This Story

Seven Anointed Stocks You Can Still Buy

By Jim Cramer
RealMoney.com Columnist

6/20/2007 10:15 AM EDT
Click here for more stories by Jim Cramer
 

Is there a price they won't pay for them? I am talking about the anointed stocks, the ones that won't quit. These stocks are flat on down days and up big on up days. We saw this kind of buying in the 1990s, but not in the last seven years.



Look at these:
  • F-5 (FFIV - commentary - Cramer's Take), the fastest-growing play on traffic and the Web because it is a traffic cop.
  • Ralph Lauren (RL - commentary - Cramer's Take), valuable to $120 because it is transforming from being a niche clothing company to a worldwide fashion empire that includes home goods.
  • MasterCard (MA - commentary - Cramer's Take) simply won't quit because it is the fastest-growing secular play on cash to credit.
  • General Cable (BGC - commentary - Cramer's Take), a play on putting power lines into the ground post-FirstEnergy's (FE - commentary - Cramer's Take) blackout proximate cause: a downed tree!
  • Whirpool (WHR - commentary - Cramer's Take) -- a play on a deal that should never have been allowed, Whirlpool and Maytag.
  • Johnson Controls (JCI - commentary - Cramer's Take), which remains the only auto-related play that fills the niche of growth. That will be the case whether it trades at $114 or $140.

(Of the usual anointed ones, only J.Crew's (JCG - commentary - Cramer's Take) not participating.)

Behind the scenes you will simply see order after order by big shareholders, repeat orders as money comes in. Valuation concerns are being waved. They just are using these stocks as upside vehicles.

You can play, too. You need to own the calls struck 5 to 7 points below the current prices on these names. I'd buy half now, and if they came in I'd buy more.

There's no choice. These anointed stocks are going higher even as the absurdity of it dawns on an increasing number of players.

These anointed stocks tend to be anointed for a full year.

We are in month six.

So get on board.

Random musings: Bear downgrades FedEx (FDX - commentary - Cramer's Take) now and will never get back in. Too bad, because it was quality work about the company but not the stock! Same thing will happen with the Anheuser-Busch (BUD - commentary - Cramer's Take) analyst at A.G. Edwards. He won't be able to get back in. What's the point of being so negative?

At the time of publication, Cramer had no positions in any of the stocks mentioned in this post.






 RELATED STORIES

Jim Cramer Blog
Hold Sears for a 'Home Depot' Event
6/20/2007 9:09 AM EDT
The prospect of a huge, shareholder-friendly event makes the wait worth it.

Jim Cramer Blog
Hedge Funds Need to Know Where Zero Is
6/20/2007 8:03 AM EDT
The Bear Stearns example shows the importance of knowing what you can lose.

Jim Cramer Blog
Stocks Will Get a Fed-Induced Boost
6/20/2007 6:43 AM EDT
We're headed higher again, and financials will lead. Here are some names that look good.



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.

TheStreet.com has a revenue-sharing relationship with Traders' Library under which it receives a portion of the revenue from Traders' Library purchases by customers directed there from TheStreet.com.



Brokerage Partners



Write us!
Order reprints of TSC articles.

TheStreet Premium Services
Jim Cramer
Jim Cramer's Action Alerts PLUS
Now any level of investor can trade right alongside a Wall Street pro — and enjoy 24/7 access to his portfolio! Learn More
Doug Kass
RealMoney Silver
The genius of Doug Kass + 5 Premium Services = an unrivaled group of expert fundamental analysts, technical analysts, and Wall Street observers. Learn More
Don Dion
NEW! Don Dion's ETF Action
A concise two-step strategy for learning and trading in this increasingly lucrative area of investing. For all levels of investors! Learn More
David Peltier
Stocks Under $10
David Peltier is ready to help you find affordable stocks under $10. Because they're so inexpensive, the payout could be enormous! Learn More
Bryan Ashenberg
Breakout Stocks
Bryan Ashenberg combines sophisticated screening software with eagle-eye analysis to find small and mid-caps ready to break out! Learn More

Investor Relations | Privacy Policy | Terms of Use | Conflicts Policy | Corrections | Internet Index | Advertise | FAQ
Site Map | Who's Who | Reader Feedback | Employment | Contact Us
RSSSubscribe to our RSS Feed
© 1996- TheStreet.com, Inc. All rights reserved.
TheStreet.com's enterprise databases running Oracle are professionally monitored and managed by Pythian Remote DBA.