Jim Cramer's Stop Trading! Into Intevac
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RPM (RPM Quote) is a "sensational buy," Jim Cramer said Wednesday on CNBC's "Stop Trading!" segment.
Cramer said the company "has a great coatings business" but "lacks sponsorship" on Wall Street. Cramer said RPM has been raising its dividend year after year -- evidence of a focus on hitting singles and doubles instead of muscling up in hopes of hitting the huge home run. Cramer said he once counseled CEO Frank Sullivan to change the company's name to Rustoleum. He expects the stock to go to $30 from a recent $23.
Cramer also likes Middleby (MIDD Quote), the Elgin, Ill.-based cookware company that's headquartered at scenic 1400 Toastmaster Drive. He said the company, which he started recommending with the stock some $30 below its recent $115, is "the one that delivers." Cramer backed an analyst's call that the stock could hit $134. ...
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