Jim Cramer's Stop Trading! Alcoa Can't Wait

At least one big industrial company could be in line to get taken out next year -- aluminum giant Alcoa (AA).

That was the word Friday from Jim Cramer, who was speaking on CNBC's Stop Trading! segment. The current share price is "just pathetic" he said, and if the stock falls to the $27 range, a buyer could come in with a $34 to $35 takeover bid, he speculated.

"Alcoa just can't be public next year at this time," he said. Alcoa's managers are good guys, he believes, but they "can't run the company anymore."

Another name to watch will be Honeywell (HON), where CEO David Cote is so interested in building shareholder value he's willing to consider any options, Cramer said. He described Honeywell as really well-run, and he forecast that Cote will make 2007 a rewarding year for investors.

Shares of Honeywell are currently around $45, and Cramer believes they could get to the mid-$50s.

Then there's Altria (MO), a tobacco and food behemoth whose pending breakup will be a "monster story," Cramer said. Staying in the tobacco space, he thinks that UST (UST), now around $57, is going up.

Finally, Cramer mentioned Pfizer (PFE), from which Hank McKinnell, the former chairman and CEO, is set to depart early next year with $200 million in compensation.

McKinnell should give back about $50 million to $100 million to shareholders, because "that's what a really big guy would do," Cramer explained.

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