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
EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stock Under $10 that he thinks could potentially double or triple in the next 6 to 12-months. See what he's trading today with a 14-day FREE pass.

Jim Cramer: Real-World Deals

It makes sense as a terrific consolidation play, and it is something that is happening irrespective of Washington.

The second intrusion of the real world into the surreal Washington world? Gardner Denver is in talks to be acquired by SPX Corporation (SPW).

You may not know Gardner Denver, but it is integral to the oil and gas food chain because it makes air compressors. Oil and gas drilling is very much in bull market mode because of the combination of hydraulic fracturing and horizontal drilling, and SPX is a classic industrial good manufacturer that needs to have more exposure to growth.

SPX could end up stealing Gardner Denver, which has been hit hard by the slowdown in natural gas drilling, for $4 billion, barely unchanged for the year. Still, it's a huge win if you bought it when Gardner Denver announced a shortfall earlier this fall and fell to $55. An impatient activist, ValueAct, obviously not focused on the charade in Washington, is getting the job done.

Finally, there is Alterra, a very big reinsurance company that just caught a bid from Markel (MKL), a well-respected insurer that's always been undervalued. Markel is picking up Alterra for $3.1 billion, a nice chunk of change, yet it seems as if the market didn't even notice.

And that's really the point. Three big deals, three that happened without worries of fiscal cliffs and off-again/off-again talks. Real money changing hands. Real wins to be had.

If anybody cares to have them.

At the time of publication, Action Alerts PLUS, which Cramer co-manages as a charitable trust, was long AAPL.

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

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
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, 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
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
DOW 16,915.07 -70.54 -0.42%
S&P 500 1,964.68 -8.15 -0.41%
NASDAQ 4,396.2040 -22.83 -0.52%

Our Tweets

Brokerage Partners

Top Rated Stocks Top Rated Funds Top Rated ETFs