Cramer's 'Mad Money' Recap: June 27
06/27/08 - 08:03 PM EDT
No residential and no auto markets is something I like, said Cramer.
Baldor's stock has dropped 3% since June 17, making it attractive play on the pull back. Over the last 18 months, Baldor has doubled its sales, doubled its profit, paid off $235 million in debt and increased its global footprint. "We have done a very good job of transforming the company," said McFarland. "Our business is solid and we are quite pleased with how we are doing in Europe, Asia and North America." Cramer agrees. Stick with Baldor, he said.
Lightning Round
Cramer was bullish on Alliance Resource Partners(ARLP Quote - Cramer on ARLP - Stock Picks), Phillip Morris(PM Quote - Cramer on PM - Stock Picks), CRBL(CBRL Quote - Cramer on CBRL - Stock Picks), and Grupo Simec(SIM Quote - Cramer on SIM - Stock Picks). He was bearish on Oshkosh(OSK Quote - Cramer on OSK - Stock Picks) and China Finance Online(JRJC Quote - Cramer on JRJC - Stock Picks). Want more Cramer? Check out Jim's rules and commandments for investing by clicking here. For more of Cramer's insights during the Lightning Round, click here.Sponsored by:



