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TheStreet Open House

'RealMoney' Radio Recap: Katrina Plays

A caller asked if Todco (THE) had suffered much damage in Hurricane Katrina. Cramer said Todco is presenting Wednesday at a Lehman Brothers energy and power conference. Cramer recommended not making a move in Todco's stock until you hear what the company has to say.

In response to a question about 7-Eleven (SE), Cramer said he would "ring the register."

Cramer also commented on Clorox (CLX) as a possible Hurricane cleanup play. Cramer said he liked Clorox but not for the hurricane cleanup. Although Clorox may spike short term, Cramer likes Clorox long term as a play on a slowing economy.

Finally, in response to a question on Halliburton (HAL), Cramer said oil service stocks like Halliburton were not doing well. But, unlike other oil service stocks, Halliburton has a construction business, which should benefit from the hurricane rebuilding effort. However, Cramer recently sold some of his Halliburton holdings because the stock has had a big run.

At the time of publication, Cramer was long EnCana and Halliburton.

James J. 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. While he cannot provide personalized investment advice or recommendations, he invites you to send comments on his column by clicking here. 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."

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