Cramer's 'Stop Trading!': Buy ArvinMeritor
TheStreet.com Staff
05/06/08 - 03:05 PM EDT
Buy
ArvinMeritor ARM Jim Cramer said on
CNBC's "Stop Trading!" segment Tuesday.
"I've been recommending that for a very long time," Cramer said of the auto parts company. "It's an American comeback story." He also recommended
Borg Warner BWA, which he said "has been really amazing."
Cramer said of
Precision Castparts PCP that, up 9 points today, it's "not done." He also said that although
Alcoa AA is a "gigantic user of energy," the company "can put through price increases." He also said he likes
U.S. Steel X, saying "It will not quit."
Cramer said that
MasterCard MA and
Apple AAPL appear unstoppable.
Legg Mason LM posted its first-ever loss today, sending shares down. Cramer said, "You can deliver bad performance ... and people just yawn." He said that today Legg Mason showed "horrible performance."
Cramer also praised
NYSE Euronext NYX CEO Duncan Niederauer for guiding the company to success. It announced soaring profits today on heavy trading volume. "This stock is just beginning at last. ... The model works," Cramer said.