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

Jim Cramer's Stop Trading: FMC, CLF, NUE

NEW YORK ( TheStreet) -- While activist hedge fund manager Carl Icahn may have failed in breaking up eBay (EBAY) for now, other companies are breaking themselves up to unlock shareholder value. 

TheStreet's Jim Cramer, co-manager of the Action Alerts PLUS portfolio, says FMC Corp. (FMC - Get Report) has decided to break into two different divisions. The announcement has shares higher by roughly 5% on Monday. 

In addition, activist investors in Cliffs Natural Resources (CLF - Get Report) have also been vying for a breakup. These investors are trying to unlock value in an iron ore company at the same time iron ore prices may be headed lower due to demand issues in China, Cramer pointed out. 

As for the energy market in general, Cramer said Nucor (NUE - Get Report) will begin making iron pellets in Louisiana, which is now cheaper than in Brazil, thanks to the natural gas revolution in the U.S. He will talk with Nucor CEO John Ferriola on Mad Money Monday along with Jim Brown, western hemisphere president at Halliburton (HAL), and John Schiller, CEO of Energy XXI (EXXI)

For as much publicity as the Bakken formation and Utica Shale get, "the Gulf of Mexico is still the biggest producer of oil," Cramer said. There has been plenty of job growth in the Gulf due to energy; because of this, the region has a much lower unemployment rate than the rest of the country, Cramer said. 

- - Written by Bret Kenwell in Petoskey, Mich.

At the time of publication, Cramer's Action Alerts PLUS had no position in companies mentioned.

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
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
CLF $6.03 0.00%
FMC $58.57 0.00%
NUE $48.11 0.00%
AAPL $130.28 0.00%
FB $81.53 0.00%


DOW 18,080.14 +21.45 0.12%
S&P 500 2,117.69 +4.76 0.23%
NASDAQ 5,092.0850 +36.0220 0.71%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs