Jim Cramer's Portfolios of the Week
Updated from 6:29 a.m. EDT
As has been the case for some time now, all eyes are on the
Federal Reserve
. Investors are taking sides and making their bets on what the central bank will decide on interest rates Tuesday. Jim Cramer has been clear in voicing that the Fed needs to act and act now.
Cramer has been all over growth and infrastructure stocks and has even said it may be time to start seriously considering financial stocks again. There are plenty of ways to play this market, and Cramer continued to help us navigate through them all.
Here are some Cramer highlights from the past week as aggregated from his "Mad Money" TV show, the "Stop Trading!" segment on
CNBC
and his
RealMoney
blog posts.
: In a Sept. 12 blog post, Cramer wrote:
High growth is so right here. And the out-years are being valued so much higher because of the 10-year providing very little competition. I think there is a whole group of investors who have no idea about the importance of stocks being considered long-dated assets. The 10-year says that inflation will be very low, and that means the earnings from far away get discounted much more positively. ... You can simply start taking those out-year gains to the bank. ... That's what's going on right now. Growth is still cheap, and it will get more dear as time goes on. Which is why you need to be in it now. And it will only get better as long as the Fed stays as tight as it is.
include
Celgene
(CELG) - Get Report
and
Medco Health Solutions
(MHS)
.
On his "Mad Money" shows this week, Cramer compared the selection of a winning fantasy football team to building a strong stock portfolio as "good players are required at every position" and they have the potential to make you money "all the way through the Super Bowl."
Cramer's Defensive-Linemen Stocks
: On
Monday's show
, Cramer offered a list of good "defensive linemen," recession-proof stocks needed for long-term success in the market.
Cramer's Defensive-Linemen Stocks
include
Pepsi
(PEP) - Get Report
and
Procter & Gamble
(PG) - Get Report
.
: On that same show, Cramer offered his quarterback picks, stocks he sees as the leaders of the team and portfolio. His
include
Exxon Mobil
(XOM) - Get Report
and
Deere
(DE) - Get Report
.
: On
Tuesday's show
, Cramer offered his wide receivers, the players/stocks that can score big when the time is right, as they have momentum and are the fastest growers.
include
VMware
(VMW) - Get Report
.
: On the same Tuesday show, Cramer offered his picks for the tight-end position. On the football field, tight ends perform double duty by catching in the pass offense and blocking for the run. Such tight-end stocks deliver a steady stream of income while protecting against the downside with
dividends.
include
AT&T
(T) - Get Report
and
Consolidated Edison
(ED) - Get Report
.
: Cramer dished his running back stock picks on
Wednesday's show
. Running backs deliver yards, and in a portfolio they deliver points. Stocks that perform like running backs are consistent, long-term growers.
include
Freeport-McMoRan Copper & Gold
(FCX) - Get Report
.
Cramer's Weak Oil Thesis Plays
: In a Sept. 10 blog post, Cramer wrote:
After we get a weak number like the employment number the stories spread that the economy will not be strong enough to keep oil here. ...Concomitant with this theory, the stocks of coal, natural gas and minerals get shelled. ... And you know what? This is all nonsense. The economic sensitivity of these groups is almost nil, particularly oil. It's ridiculous frankly, particularly if OPEC stays the course and does not increase output. ... So forget this thesis. Respect that it is about to happen and gird yourself to buy not sell. But mark my words this will happen.
Cramer's Weak Oil Thesis Plays
include
ConocoPhillips
(COP) - Get Report
and
Marathon Oil
(MRO) - Get Report
.
: In a Sept. 11 blog post, Cramer said it had to happen at some point: "It's been simmering underneath the crosscurrents of mortgage hell. It is the tech rally. The components? Why, it
is
the components. ... Any time really great news comes out and the market ignores it, you are later going to get a reaction, just like you would get a delayed reaction to bad news if no one cared initially. That means tech remains the best place to be for the moment."
include
Hewlett-Packard
(HPQ) - Get Report
and
Apple
(AAPL) - Get Report
.
Cramer's Infrastructure Stocks
: In another Sept. 11 blog post, Cramer pointed out: "At some point last fall, it dawned on the market that the infrastructure stocks were no longer cyclical or levered to streams of occasional money that got shut off the moment things looked grim. Ever since then, you have seen gains that are so outsized that you have to wonder when they end. Yet, given that they have only
just
earned the respect of the market, I believe the cycle will be much longer than anyone thinks."
Cramer's Infrastructure Stocks
include
McDermott
(MDR) - Get Report
and
Fluor
(FLR) - Get Report
.
: Cramer was talking about the financials again this past week. In a Sept. 12 blog post specifically about brokerage stocks, he said: "You have to ask yourself why these stocks have stabilized. I think it is with a hope that they can paint a picture that the problems are in the past, the estimate cuts are being made and the private equity deals get completed -- or at least some of them. ... Anyway, no matter what, I see the next few days as crucial to the case that the brokers can make on their earnings conference calls: that business improved and is getting better every day. If that's the case, these stocks are all buys."
include
Goldman Sachs
(GS) - Get Report
and
Morgan Stanley
(MS) - Get Report
.
Cramer was full speed ahead this week with his latest
. He was bullish on several stocks, such as
Sun Microsystems
(JAVA)
and
Cisco
(CSCO) - Get Report
but also bearish on the likes of
Microsoft
(MSFT) - Get Report
and
Sara Lee
(SLE)
.
(Editor's note: At the time of original publication of his posts and shows, Cramer owned ConocoPhillips, Goldman Sachs, Hewlett-Packard and Freeport-McMoRan Copper & Gold for his Action Alerts PLUS charitable trust.)
At the time of publication, Altucher and/or his fund had no positions in stocks mentioned, although positions may change at any time.
James Altucher is president of Stockpickr LLC, a wholly owned subsidiary of TheStreet.com and part of its network of Web properties, and a managing partner at Formula Capital, an alternative asset management firm that runs a fund of hedge funds. He is also a weekly columnist for
The Financial Times
and the author of
Trade Like a Hedge Fund
,
Trade Like Warren Buffett
and
SuperCa$h
. Under no circumstances does the information in this column represent a recommendation to buy or sell stocks. Altucher appreciates your feedback;
to send him an email.
TheStreet.com has a revenue-sharing relationship with Trader's Library under which it receives a portion of the revenue from purchases by customers directed there from TheStreet.com.