Cramer's Take on Headline Stocks: Dec. 15
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NEW YORK (Stockpickr) -- Regardless of why a stock is in the news, it never hurts to hear what a professional investor has to say about it. The key is to gather as much information as you can in order to make the most informed investment decisions you can. As Jim Cramer (read an excerpt from his new book here) often reminds, investors must do their homework. So what has Cramer had to say lately about today's headline-makers? At Stockpickr, we've combed through his recent RealMoney blog posts, "Mad Money" TV show recaps and "Stop Trading!" segments to find out what he thinks about some of today's newsworthy stocks. Boeing(BA): Boeing's 787 Dreamliner finally flew today, after a two-and-a-half-year wait. Boeing has received orders for more than 800 of the aircraft. On "Mad Money" on Dec. 11, Cramer said he was bullish on Boeing as well as suppliers such as Honeywell(HON) and Precision Castparts(PCP). He owns Honeywell for his Action Alerts PLUS charitable trust. In a Dec. 11 post to his RealMoney blog, he wrote: "I like Boeing because it has kept up its defense business even as the Dreamliner foundered. But the idea that we could get both planes in the air could be good news for everyone from Alcoa(AA), with its fasteners business, to Precision Castparts(PCP), a pure play on aerospace, to my favorite, Honeywell(HON), which provides all of the cockpits for both planes and has been a huge drag on a great story." Best Buy(BBY): Best Buy was falling on Tuesday despite reporting a rise in third-quarter profit and increasing its outlook for the full year.TheStreet Premium Services For Personal Service: 877-471-2967
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