Jim Cramer's Portfolios of the Week
WINDERMERE, Fla. (Stockpickr) -- According to Jim Cramer, the stock market is trading higher for some very good reasons! In a March 11 RealMoney.com blog post, he said that a year ago we used to talk about "green shoots," but now we don't even say that because we have trees shooting up everywhere. He cited some examples, such as the Baltic Freight staying strong, rail-car loadings up double digits, big increases in the price of steel and the rapid increase of rents at shopping malls.
Cramer also pointed out the increase in production at
Boeing
(BA) - Get Report
, and the resurrection of
Ford Motor
(F) - Get Report
and even of
Citigroup
(C) - Get Report
. And now Cramer sees two new trees sprouting up. The first is
Caterpillar
(CAT) - Get Report
talking about moving some manufacturing out of Asia and back to the U.S. Cramer thinks that if Caterpillar is moving plants here, it must mean that demand in the U.S. is strong.
The second new tree is coming out of
General Motors
. The company is about to increase the number of shifts to meet demand and could start paying back the government next quarter.
Cramer said the market is moving higher for concrete reasons such as the ones mentioned above. "The green shoots are now so visible that you could be seeing a forest full of trees," he said.
Recently, Cramer found opportunity in stocks fund managers need, natural gas stocks and 14 top tech stocks. Here are some Cramer highlights from over the past week as aggregated from his "Mad Money" TV show, the "Stop Trading!" segment on
CNBC
and his
RealMoney
blog posts (these blog post require a
RealMoney
subscription).
Cramer's Stocks Fund Managers Need
: Cramer knows exactly which stocks fund managers want right now. In a
he wrote: "We're in one of those moments when many mutual fund managers are beside themselves because they are in stocks that are going higher but not going high enough." The
Cramer's Stocks Fund Managers Need
portfolio includes
Apple
(AAPL) - Get Report
and
Abercrombie & Fitch
(ANF) - Get Report
.
: Recently, Cramer highlighted 14 stocks that could be some of the
Nasdaq's
best buys for 2010 and beyond. In a
he wrote: "The smartphone revolution will drive tech's growth for the foreseeable future. It's the biggest secular growth trend of my life. So anyone who wants to play the trend should consider the companies that help to make it happen." The
portfolio includes
(GOOG) - Get Report
and
Cisco Systems
(CSCO) - Get Report
.
Cramer's Dogs-of-the-Dow Stocks
: Cramer believes the
Dow's
path to 11,000 is dependent on 10 key stocks. On
Tuesday's "Mad Money" episode,
he told viewers that in order for
IBM
(IBM) - Get Report
to budge the company will have to deliver a bullish quarter. And that won't happen for more than another month. Therefore, IBM most likely won't be contributing to a move higher in the Dow. The
Cramer's Dogs-of-the-Dow Stocks
portfolio includes
Microsoft
(MSFT) - Get Report
and
Exxon Mobil
(XOM) - Get Report
.
: Cramer thinks the place to be for his money is natural gas. In a
he wrote: "No matter. The oil and gas companies are betting against Obama, believing he is a one termer and that he will be out. They think someone who favors energy independence will come in, making it so that the acquisitions, at least in our country, make economic sense." The
portfolio includes
Noble Energy
(NBL) - Get Report
and
Anadarko
(APC) - Get Report
.
Cramer's Small Community Bank Stocks
: Cramer sees opportunity in a number of small bank stocks flying under the radar. In a
he wrote: "These heartland banks are leading the charge higher for the bank groups, and they are doing it quietly and methodically. I looked at the group today because
Fifth Third Bancorp
(FITB) - Get Report
was downgraded by an important firm, FBR Capital Markets, and yet it failed to go down at the opening. That's real strength." The
Cramer's Small Community Bank Stocks
portfolio includes
Huntington Bancshares
(HBAN) - Get Report
and
Regions Financial
(RF) - Get Report
.
Cramer's Aerospace Rally Plays
: Cramer thinks market players need to get on board the aerospace rally. In a
he wrote: "The analyst community has been fighting this rally all year. Doesn't matter. I expect many upgrades simply because of the tanker contract and the Airbus difficulties." The
Cramer's Aerospace Rally Plays
portfolio includes
Honeywell
(HON) - Get Report
and
BE Aerospace
(BEAV)
.
-- Written by Roberto Pedone in Windermere, Fla.
(Editor's note: At the time of publication, Cramer owned Apple, Honeywell and Cisco for his Action Alerts PLUS charitable trust.)
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