Updated from 6:34 a.m. EDT with new stock portfolios.
Once again, Cramer found plenty of opportunities for investors this week. Now that the market has had some time to absorb the Fed rate cuts, Cramer was out focusing on ways to invest in a lower interest rate environment. 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.
: Cramer has found a secret that he thinks can keep the infrastructure stocks moving higher. That secret is market cap.
In an Oct. 3 blog post he wrote, "The secret is market cap. These are all the functional equivalent of small- or mid-cap stocks. Most of their capitalizations are in the $5 billion to $10 billion range and that's just not enough size to make a difference to the average hedge fund or mutual fund manager unless he or she takes a monster positioning the name."
: On Wednesday, Cramer was calling a bottom in the banking stocks. He feels that the bottom was made once estimate cuts for the sector hit Wall Street.
In an Oct. 3 blog post he wrote, "This is one of the few honest-to-betsy indicators that has always worked. It is incredible ... unless you believe in the maximum despair theory, meaning that the estimate cuts represented the maximum moment of pain."
: Cramer senses a bottom in stocks that are tied to the housing recovery. Cramer thinks some good plays are at hand if an investor genuinely thinks that the Housing Sector Index is not a short squeeze. In an Oct. 3 blog post he wrote, "Today's ancillary housing play day. Look at Fortune Brands and Whirlpool ramp. Both of those are dirt-cheap if you think there will be any housing recovery."
: Cramer was super excited this week about the Canadians coming to America to buy up our banks. On Tuesday's "Mad Money" show Cramer explained that the premium Toronto Dominion Bank paid to acquire Commerce Bank was high.
Due to the weak dollar, Cramer now feels that Canadian banks could go on a buying spree in the U.S. and pay high premiums.
Hudson City Bancorp
Cramer was full speed ahead last night with his latest
. He was bullish on several stocks such as MER and GLW but also bearish on the likes of BC and NXG.
: Cramer offered up a variety of stock picks across multiple forums including his "Mad Money TV show," "Stop Trading TV segment" and through blog posts this week.
included names like BRK, gold and CVS.
: On Monday, Cramer saw opportunity in profiting off of panic. Cramer feels the Fed rate cuts saved many of the hedge funds in trouble, but he was able to find a few stocks that were experiencing a disconnect between the fundamentals and investor's emotions.
In an Oct. 1 blog post he wrote: Oddly, there are still some stocks that seem pressured down more by fear than by fundamentals. Genesis Leasing and Aircastle both have terrific yields, a function of the decline in the stocks of aircraft lessors. Some of these are owned from hedge funds believed to be struggling. The other is Enterprise Product Partners also with a good yield, that is in the energy transport business.
: On his "Mad Money" show this week, Cramer has been offering up IPO stocks that he feels have been overlooked. Jim is hoping that many market players have missed these stocks and this presents an opportunity.
included ATHN and SCOR.
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
. Under no circumstances does the information in this column represent a recommendation to buy or sell stocks. Altucher appreciates your feedback;
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