Flying With Aerospace

This reversal seems to have some oomph to it, and I wonder how much of it is simply the desire of fund managers to move their stocks up. I bet it is, so I would take some Apple (AAPL - commentary - Trade Now) here and some Google (GOOG - commentary - Trade Now), and I like 3M (MMM - commentary - Trade Now) and Bank of America (BAC - commentary - Trade Now) here as stocks that are up nicely that can be propelled well.

And now we have a whole new cohort going, which is aerospace. If Boeing (BA - commentary - Trade Now) really does ship, then you can buy a host of companies, including BE Aerospace (BEAV - commentary - Trade Now), Triumph (TGI - commentary - Trade Now), Allegheny (ATI - commentary - Trade Now), Honeywell (HON - commentary - Trade Now), Goodrich (GR - commentary - Trade Now) and Spirit (SPR - commentary - Trade Now) -- the last could be huge!

I know there is tremendous back and forth on this site about a top. But this market is led by oil, banks and tech ... and now aerospace. I like BP (BP - commentary - Trade Now), Bank of America, and Apple as ways to play it.

Oh, and one man's opinion -- it feels like we had the dip.

At the time of publication, Cramer was long BP and Bank of America.

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