Jim Cramer feels that short-sellers could now be on the run, after Lehman Brothers (LEH) was able to raise $4 billion through a preferred stock offering. Recently, Cramer found opportunity in stocks that benefit from Lehman's offering, natural gas stocks and stocks with a major theme.
Here are some Cramer highlights from the past week as aggregated from his "Mad Money" TV show, the "Stop Trading!" segment on
blog posts (these posts require a
: Cramer believes Lehman Brother's preferred offering opens the door for a lot of stocks. In an
he wrote, "What's interesting is that there are a bunch of companies that were on life support that now know they can find money given Lehman's oversubscription."
: Recently, Cramer cautioned investors about being overly bullish for this earnings season. On
, Cramer told viewers: "The odds just simply don't favor investors during the few short weeks that most companies report their earnings." However,
include names like
: Cramer feels the technology sector is in dire need of a catalyst to stop the selling. In a
he wrote, "It doesn't matter, anything that even comes near the Web goes down indiscriminately and has to be avoided, as advertising in the country is in free fall and taking a big share of declining dollars doesn't cut it."
: Cramer thinks investors need to look at stocks that have a major theme in this difficult market. In an
he wrote, "Remember natural gas is the best play, if you ask me, and after that is ag."
Research In Motion
: Lehman Brother's ability to raise $4 billion in capital through a preferred offering has Cramer pounding the table for other banks to follow suit. On
Tuesday's "Stop Trading" segment
, Cramer told viewers: "
needs to raise capital to offset its home equity exposure."
: Cramer continues to see big opportunity for high-yielding natural gas stocks. On last Friday's "Mad Money" show, Cramer told viewers that
6.9% dividend yield, along with its outlook for 2008, makes it "irresistible." For more stock ideas in the sector, check out
(Editor's note: At the time of original publication of his posts and shows, Cramer owned El Paso for his Action Alerts PLUS charitable trust. And General Electric owns CNBC, for which Cramer is a featured commentator.)
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
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and the author of
Trade Like a Hedge Fund
Trade Like Warren Buffett
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