Foster Wheeler (FWLT Quote), having put its reorganization in the rear-view mirror, is in a prime position to see its shares advance from their current levels, Jim Cramer said on CNBC's "Stop Trading!" segment Tuesday.
The company, Cramer said, represents a solid infrastructure play because it builds plants and facilities for utilities and energy companies. Also, from the industrial arena, he recommended Air Products (APD Quote), a distributor of hydrogen and other industrial gases. Another stock he mentioned positively was Marchex (MCHX Quote), a company involved with Internet advertising. Calling Marchex a "$20 stock that I think is very cheap," Cramer said he thinks the shares will go to $29. Countrywide Financial (CFC Quote), the recipient of positive comments from Lehman Brothers, has defied expectations and gone higher, Cramer said. Other banks, like Citigroup (C Quote), also continue to work even as rates climb, he pointed out. Finally, Cramer said investment bank Goldman Sachs (GS Quote) could ultimately reach $225 a share, based on $15 a share in earnings and a 15 multiple.- Loading Comments...
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
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