This Day On The Street
Continue to site
ADVERTISEMENT
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

Cramer: Bafflingly Bad Trade Among Industrials

These stocks are as horrendous now as they had been rosy in 2008. I know they are pathetic, but I also believe this: If anyone thinks the world's going to come roaring back someday -- like the people who think Fed chief Ben Bernanke is sowing inflation -- then they'll probably want to pick among this rubble. Things aren't great out there, but they certainly aren't as dire as these stocks would seem.

I say pick one and get comfortable with it -- and accept that, while these stocks stopped going up a long time ago, it is doubtful that they will all go under.

My favorite? Alcoa. But I have to admit that, in a world where drilling is coming back strong, U.S. Steel will be tempting if we can just find a way to compete with Mexican pipe; the North American Free Trade Agreement really killed these guys. Coal? If natural gas goes to $5 per MMBtu, as I think it might, coal has a fighting chance.

There's gold in one of these hills. You just have to do some mining.

Action Alerts PLUS , which Cramer co-manages as a charitable trust, has a position in UTX.

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

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
  • 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 serious 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

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

Markets

Chart of I:DJI
DOW 17,598.20 -91.66 -0.52%
S&P 500 2,098.04 -5.80 -0.28%
NASDAQ 5,115.3820 -12.8990 -0.25%

Our Tweets

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs