Forgotten industrial supplier Barnes Group(B Quote) is a company whose earnings leverage leaves it coiled for huge gains, Jim Cramer said on CNBC's "Stop Trading!" segment Thursday.
Outfits such as Barnes, Illinois Tool Works(ITW Quote), Cooper Industries(CBE Quote) and Ametek(AME Quote) are "Lazarus companies" where, after stripping out labor costs for years, "business finally kicks in and the leverage to the bottom line is just awesome," Cramer said. "When was the last time you hit up Barnes Group?" Cramer asked. The stock trades under ticker symbol "B" on the NYSE. Cramer said Lincoln National(LNC Quote) is an "up stock" as baby boomers age, as are Hartford Financial(HIG Quote), Prudential(PRU Quote) and Allstate(ALL Quote). Cramer asked "How hated is Schering-Plough(SGP Quote)?" in light of its paltry gain Thursday after it beat earnings estimates by 9 cents a share. "Fred Hassan is a money maker and you get that kind of return?" Cramer predicted United Tech(UTX Quote) could rise to $65 a share on Friday.- Loading Comments...
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