Jim Cramer's Portfolios of the Week
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
CNBC
and his
RealMoney
blog posts (these posts require a
RealMoney
subscription).
Cramer's Stocks That Benefit From Lehman
: 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."
Cramer's Stocks That Benefit From Lehman
include
MasterCard
(MA) - Get Mastercard Incorporated Report
TheStreet Recommends
and
Intuitive Surgical
(ISRG) - Get Intuitive Surgical Inc. Report
among others.
: Recently, Cramer cautioned investors about being overly bullish for this earnings season. On
last Friday's "Mad Money" show
, 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
Apple
(AAPL) - Get Apple Inc. Report
and
Kellogg
(K) - Get Kellogg Company Report
among others.
Cramer's Tech Stocks That Need a Catalyst
: 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's Tech Stocks That Need a Catalyst
include
SanDisk
(SNDK)
and
Rambus
(RMBS) - Get Rambus Inc. Report
among others.
Cramer's Major Stock Theme Picks
: 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."
Cramer's Major Stock Theme Picks
include
El Paso
(EP) - Get Empire Petroleum Corporation Report
and
Research In Motion
(RIMM)
among others.
Cramer's Banks in Need of a Preferred Offering
: Lehman Brother's ability to raise $4 billion in capital through a preferred offering has Cramer pounding the table for other banks to follow suit. On
Tuesday's "Stop Trading" segment
, Cramer told viewers: "
Wells Fargo
(WFC) - Get Wells Fargo & Company Report
needs to raise capital to offset its home equity exposure."
Cramer's Banks in Need of a Preferred Offering
include
Washington Mutual
(WM) - Get Waste Management Inc. Report
.
Cramer's Natural Gas Stock Plays
: Cramer continues to see big opportunity for high-yielding natural gas stocks. On last Friday's "Mad Money" show, Cramer told viewers that
Enterprise Product's
(EPD) - Get Enterprise Products Partners L.P. Report
6.9% dividend yield, along with its outlook for 2008, makes it "irresistible." For more stock ideas in the sector, check out
Cramer's Natural Gas Stock Plays
.
(Editor's note: At the time of original publication of his posts and shows, Cramer owned El Paso for his Action Alerts PLUS charitable trust. And General Electric owns CNBC, for which Cramer is a featured commentator.)
At the time of publication, Altucher and/or his fund had no positions in stocks mentioned, although positions may change at any time.
James Altucher is president of
LLC, a wholly owned subsidiary of TheStreet.com and part of its network of Web properties, and a managing partner at Formula Capital, an alternative asset management firm that runs a fund of hedge funds. He is also a weekly columnist for the
Financial Times
and the author of
Trade Like a Hedge Fund
,
Trade Like Warren Buffett
and
SuperCa$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.
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