Jim Cramer's Portfolios of the Week
WINDERMERE, Fla. (Stockpickr) -- According to Jim Cramer, the stock market could catch a cold from health care reform. In a March 18 RealMoney blog post, he said the possibility of health care reform passing the House this weekend is the most threatening event to the strength of this market. He mentioned that market players could get nervous about owning stocks, especially with the favorable tax treatment going away.
Cramer mentioned that if health care reform passes, it could usher in a double-dip recession. He explained that he's pro what helps stocks go higher, and he's anti what sends the down. Cramer recommended putting more money in foreign stocks and more in gold. "Like the 10% gold, 30% overseas allocation if this passes. Not pro-Republican, not pro-Democrat, just pro-shareholder," he said.
Recently, Cramer found opportunity in three Obama-resistant spec stocks, regional bank stocks and 10 emerging-market 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 3 Obama-Resistant Spec Stocks
: Cramer highlighted three speculative stocks that are resistant against the anti-business agenda in Washington. On
Tuesday's "Mad Money" TV show,
he told viewers that right now these three are broken stocks, not broken companies, and for that reason they should be bought. The
Cramer's 3 Obama-Resistant Spec Stocks
portfolio includes
Citigroup
(C) - Get Report
and
Qwest
(Q)
.
Cramer's 10 Favorite Emerging-Market Stocks
: Recently, Cramer put together a list of 10 of his favorite emerging-market stocks, picking the best names doing business in Asia, Latin America and the Middle East. In a
he wrote: "Brazil right now is in the middle of a credit revolution. That's why I like some of the country's banks, including
Banco Bradesco SA
(BBD) - Get Report
." The
Cramer's 10 Favorite Emerging-Market Stocks
portfolio includes
Freeport-McMoRan Copper & Gold
(FCX) - Get Report
and
China Unicom
(CHU) - Get Report
.WHO OWNS
Stockpickr: Who Owns Freeport?
Ken Fisher
Ken Heebner
Bruce Kovner
|
Cramer's Blazing Regional Bank Stocks
: Cramer believes the regional bank stocks have a lot more room to run. In a
he wrote: "Regional banks are still on fire, and I think the move can still be justified. What's most interesting to me is that there's little differential between companies that need money and those that don't." The
Cramer's Blazing Regional Bank Stocks
portfolio includes
Zions Bancorp
(ZION) - Get Report
and
BB&T
(BBT) - Get Report
.
: Cramer thinks market players should buy any future weakness in the natural gas sector because the stocks are cheap. In a
he wrote: "They all seem darned cheap to me. They might get cheaper as numbers keep coming down, but they represent far greater wealth than anything that can be brought down by near-term earnings." The
portfolio includes
Range Resources
(RRC) - Get Report
and
Chesapeake
(CHK) - Get Report
. WHO OWNS
Stockpickr: Who Owns Chesapeake?
David Dreman
T. Boone Pickens
Mason Hawkins
|
Cramer's China Safe Haven Stocks
: Cramer sees opportunity in stocks that are safe havens from a slowdown in China. In a
he wrote: "Both auto and aerospace bets work fine with me and eliminate the day-to-day -- or should I say night-to-night -- headline risk out of the Chinese central bank that will be a continual 2010 theme." The
Cramer's China Safe Haven Stocks
portfolio includes
Ford Motor
(F) - Get Report
and
Johnson Controls
(JCI) - Get Report
.
Retailers with Pain in Store for Shorts
: Cramer thinks the short-sellers betting against the retail stocks are in for some pain! In a
he wrote: "Needless to say,
Sears Holdings
(SHLD)
is just crushing the shorts, most of whom believe it is a bankruptcy. Still! It is so clearly not, and it is actually doing quite well as it slowly weeds out underperforming stores while it keeps buying stock." The
Retailers with Pain in Store for Shorts
portfolio includes
RadioShack
(RSH)
and
Urban Outfitters
(URBN) - Get Report
.
-- Written by Roberto Pedone in Windermere, Fla.
RELATED LINKS:
>>"Fast Money" Portfolios of the Week
>>Sin Stock Short-Squeeze Opportunities
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(Editor's note: At the time of publication and/or original publication of his posts and shows, Cramer owned China Unicom, Johnson Controls for his Action Alerts PLUS charitable trust.)
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