Stop Trading!
Cramer's 'Stop Trading!': Buy ArvinMeritor
05/06/08 - 03:05 PM EDT
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Buy ArvinMeritor ARM Jim Cramer said on CNBC's "Stop Trading!" segment Tuesday. "I've been recommending that for a very long time," Cramer said of the auto parts company. "It's an American comeback story." He also recommended Borg Warner BWA, which he said "has been really amazing." Cramer said of Precision Castparts PCP that, up 9 points today, it's "not done." He also said that although Alcoa AA is a "gigantic user of energy," the company "can put through price increases." He also said he likes U.S. Steel X, saying "It will not quit." Cramer said that MasterCard MA and Apple AAPL appear unstoppable. Legg Mason LM posted its first-ever loss today, sending shares down. Cramer said, "You can deliver bad performance ... and people just yawn." He said that today Legg Mason showed "horrible performance." Cramer also praised NYSE Euronext NYX CEO Duncan Niederauer for guiding the company to success. It announced soaring profits today on heavy trading volume. "This stock is just beginning at last. ... The model works," Cramer said.
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