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Jim Cramer's 'Stop Trading!': Buy Gran Tierra

04/10/08 - 03:06 PM EDT

TheStreet.com Staff

Buy Gran Tierra Energy (GTE - Cramer's Take - Stockpickr), Jim Cramer said on CNBC's "Stop Trading!" segment Thursday.

Cramer said the Calgary-based oil and gas exploration company is "an interesting Canadian play. ... I think there could be a lot of upside there." Gran Tierra began trading on the American Stock Exchange on Tuesday.

Investors should also look at Kimberly-Clark (KMB - Cramer's Take - Stockpickr), Cramer said. He disagreed with a Goldman Sachs downgrade of the company, which makes Depends adult diapers and other hygienic products. Cramer said the Goldman report made it seem as though "Kimberly-Clark could be the most dangerous thing since Washington Mutual (WM - Cramer's Take - Stockpickr)."

Depends are "an oil-based product," Cramer said. The price of oil has been rapidly increasing this year. He said he would "buy it with the idea you could have 2 points down and 10 points up."

Cramer said he doesn't like Clorox (CLX - Cramer's Take - Stockpickr) because he feels the company is executing poorly. "Goldman liked Colgate (CL - Cramer's Take - Stockpickr), which I have really liked, and Avon (AVP - Cramer's Take - Stockpickr)," he said.

"Kimberly's not having a good quarter," Cramer cautioned. He said to look for the stock to rise over an 18-month timeframe. The company has a great brand, he said.

On reports from the company that its revenue from emerging markets is improving, Cramer said, "People, as they get wealthier, use Kimberly-Clark products. ... They are more hygienic when they get wealthy."

At the time of publication, Cramer had no positions in any of the stocks mentioned.

Jim Cramer is a director and co-founder of TheStreet.com. He contributes daily market commentary for TheStreet.com's sites and serves as an adviser to the company's CEO. Outside contributing columnists for TheStreet.com and RealMoney.com, including Cramer, may, from time to time, write about stocks in which they have a position. In such cases, appropriate disclosure is made. To see his personal portfolio and find out what trades Cramer will make before he makes them, sign up for Action Alerts PLUS. Watch Cramer on "Mad Money" weeknights on CNBC. Click here to order Cramer's latest book, "Mad Money: Watch TV, Get Rich," click here to order his book, "Real Money: Sane Investing in an Insane World," click here to get his second book, "You Got Screwed!" and click here to order Cramer's autobiography, "Confessions of a Street Addict." While he cannot provide personalized investment advice or recommendations, he invites you to send comments on his column by clicking here.

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KMB was an pick on 2005-11-11