This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Stocks for a Relevant U.S.A.: Cramer

This post appeared earlier this week on RealMoney . Click here for a free trial, and enjoy incisive commentary all day, every day.

When did we become so darned unimportant? When did we officially become an annex of Europe, where we trade with the worst of the worst, the lowest of the low: Greece, Spain, Portugal and the like?

I think the answer is when we failed to create any jobs to speak of and became a suspect place in which to do business. I think we became this when our budget deficit became laughable and everyone knows that our balance sheet on any other country would send our interest rates soaring. I think we became this when it was clear that China tightening was more important than out loosening.

That's the bad news.

The good news is that with the sudden break in commodity inflation we have a chance to create some wealth in the companies that export overseas and are dependent on emerging growth. That's because emerging-growth countries will stop being forced to slam on the brakes, as they have for most of this year.

Let's focus on three areas. The first is American companies with big businesses overseas. That's what brings me the autos, specifically General Motors (GM - Get Report). Here's a company that people got all excited about because of Chinese sales -- not American sales. But the company's IPO window coincided with the shutting of the cheap-money window in China. I expect that by September, after this oil intervention, China will no longer be actively trying to slow the economy down. That means GM can start selling many more cars. It is a huge swing factor and the base in the stock is showing you that's what's to come.

Other companies, Cummins (CMI), Caterpillar (CAT - Get Report), Joy Global (JOYC) and Freeport (FCX - Get Report) can be winners. Heaven knows they've been crushed. But it is GM that I think does the best in this environment.
1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
JNY $14.99 0.20%
PVH $74.92 0.00%
CAT $66.12 0.00%
BTU $4.24 0.00%
CMO $9.43 0.00%


Chart of I:DJI
DOW 16,204.97 -211.61 -1.29%
S&P 500 1,880.05 -35.40 -1.85%
NASDAQ 4,363.1440 -146.4150 -3.25%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs