TheStreet.com Power Stock Rankings: Feb. 5
02/05/08 - 08:08 AM EST
Patrick Schultz
6. EMC(EMC Quote - Cramer on EMC - Stock Picks): The VMWare(VMW Quote - Cramer on VMW - Stock Picks) results were abysmal, and EMC paid the price as they own 86% of VMW. I was really expecting a big blowout number and big upside guidance from one of the hottest IPOs of 2007. The last time VMW reported numbers, they were incredible and they spoke glowingly of the future of virtualization. So, it came as quite a shock to everybody on the Street when they did not continue down this shining path. I would not put fresh money into this name, but hold the stock if I owned it already. -- HOLD
7. McDonald's(MCD Quote - Cramer on MCD - Stock Picks): The market is giving you a great opportunity to buy one of world's top global brands. Last week, investors sold off MCD after they reported solid earnings of 73 cents beating consensus by two cents, but investors strangely focused on a weak domestic sales number. The growth engine at the House of Ronald is international sales and those numbers were impressive. Use the panic markets sometimes offer. -- BUY
8. Wal-Mart(WMT Quote - Cramer on WMT - Stock Picks): The clear and obvious winner from the government stimulus plan. Think of that $600 check coming to Americans, as a nice fat check going right to Wal-Mart's bottom line. -- BUY
9. Freeport-McMoRan(FCX Quote - Cramer on FCX - Stock Picks): The stealth China play and a proxy on global economic strength. I really liked that Goldman Sachs upgrade from last week. Also, there is a lot of consolidation in the mining sector, I would not be surprised to see one of the larger mining companies make a play for FCX. -- BUY
10. Altria(MO Quote - Cramer on MO - Stock Picks) Whenever talk and fears of recession hits Wall Street or Main Street, traders instinctively flock to this poster child of defensive names. MO will do well in any environment, as demand for their products is not dependent on the cycles of the economy. I do believe we have turned the corner and will avoid a deep recession, but I respect the likelihood that many scary news cycles of recession are on the way. This will frighten investors and benefit shareholders of MO. -- BUY
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