Cramer's 'Stop Trading!': Boeing's a Bargain

Stock quotes in this article: BA , C , LLY  

"This market is so changed in the last couple of weeks," said Jim Cramer on CNBC's "Stop Trading!" segment on Tuesday. "It's very bullish."

Cramer was bullish on Eli Lilly(LLY Quote), which he said is the fastest-growing and has the best pipeline of the high-yielding pharma stocks. "This is the right pharma to own in this environment," he said. "It continues to astound me that you can buy this stock this cheaply."

He also liked Boeing(BA Quote), a stock he said he'd previously "disliked literally for two years." The company has cut its head count, and "orders are starting to flow in," said Cramer. "Every defense contractor has been on fire. Boeing is a gigantic defense contractor."

Citigroup(C Quote) might be a "low-priced stock," Cramer said, but Boeing could be the "cheapest" stock in the Dow.

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At the time of publication, Cramer had no positions in 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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