Cramer's 'Mad Money' Recap: The Desired Dozen

05/10/07 - 07:46 PM EDT

TheStreet.com Staff

Richer by the Dozen

The small world of hedge funds and mutual funds have a dozen stocks that they are propelling to new highs daily. These dozen stocks are the ones benefiting from the new trends.

"These are the ones the big boys want to own," and viewers should want to own them too, Cramer said.

The first name Cramer gave from his dirty dozen list for people to consider is Whirlpool (WHR Quote - Cramer on WHR - Stock Picks).

Whirlpool has retired so many shares that it acts more like a small capitalization stock, he said. Plus, it has a big business in Brazil that, after not doing so well, is now "on fire."

The second business is Black & Decker (BDK Quote - Cramer on BDK - Stock Picks), a stock that is seeing the same shrinkage as Whirlpool, Cramer said. This is also trading more like a small-cap stock because the mutual funds need to buy much more of it to make a meaningful position, he said.

Next on the list is Allegheny Technologies (ATI Quote - Cramer on ATI - Stock Picks), which has a total of 94 million shares that trade. The company makes high-tech steel, the kind ethanol needs to be shipped in. Fund managers want to be in this stock, and so should you, Cramer told viewers.

No. 4 is General Cable (BGC Quote - Cramer on BGC - Stock Picks), a play off cable companies wanting their wiring underground. Wall Street, he said, has a "voracious appetite for this stock that can't be satisfied."

Cramer named Honeywell (HON Quote - Cramer on HON - Stock Picks) as his fifth dirty dozen stock and said it is the largest-cap name of the small-cap plays he's naming off his list. Honeywell is playing the aerospace market and is a stock people should consider, Cramer said.

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