Jim Cramer's Portfolios of the Week
By Roberto Pedone
WINDERMERE, Fla. (
) -- According to Jim Cramer, Washington is
dropping the ball
on the
General Motors
IPO. In an Aug. 5 blog post, he said that it's stupid for the administration to assign a traditional broker to the GM deal. Cramer thinks that a year from now, we'll hear that the fat cats got rich off the GM deal. And that the brokers and executives made all the money. And the taxpayers got nothing.
Cramer said this makes no sense. He wants the current administration to offer the general public stock so that the new shareholders will want to buy GM products. Cramer mentioned that it doesn't matter if a public-based deal holds up the IPO, because the fall should be a strong season for cars.
He believes the current plan will come back to haunt the administration, which will blame banks and Wall Street for only helping their wealthiest clients. However, Cramer said the current plan will be really good for
Ford Motor
(F) - Get Ford Motor Company Report
.
Recently, Cramer found opportunity in technology stocks, resilient stocks and 5 energy stocks that are making a killing. 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
TheStreet Recommends
RealMoney
blog posts (these blog posts might require a
RealMoney
subscription).
: Recently, Cramer challenged his Mad Money viewers to help him identify some new CEOs for his "Wall Of Shame." In a
special report on CNBC.com,
he wrote: "Since Olli-Pekka Kallasvuo became CEO of
Nokia
(NOK) - Get Nokia Corporation Sponsored American Depositary Shares Report
in June 2006, its stock is down 56%, which is "much worse" than the S&P 500's 13% drop during the same period." The
portfolio includes
Blackstone Group
(BX) - Get Blackstone Inc. Report
and
Johnson & Johnson
(JNJ) - Get Johnson & Johnson Report
.
Cramer's Tech Stocks Getting Some Love
: Cramer thinks that tech stocks like
Cisco Systems
(CSCO) - Get Cisco Systems Inc. Report
and
NetApp
(NTAP) - Get NetApp Inc. Report
are getting some love here. In an
Aug. 4 blog post,
he wrote: "
Salesforce.com
(CRM) - Get Salesforce Inc. Report
and
VMware
(VMW) - Get VMware, Inc. Report
hit highs after stalling as the cloud-computing trends are accelerating. In both cases, there seemed to be buyers' fatigue. Now that seems to be a thing of the past." The
Cramer's Tech Stocks Getting Some Love
portfolio includes
EMC
(EMC)
and
SanDisk
(SNDK)
.
: Cramer believes that a number of stocks such as
IBM
(IBM) - Get International Business Machines Corporation Report
and
Priceline.com
(PCLN)
are surprisingly resilient. On
Wednesday's Mad Money TV show,
he told viewers that
BP
and
Goldman Sachs Group
(GS) - Get Goldman Sachs Group Inc. (The) Report
are examples of resilience. Both companies had their scandals but are now trading higher. The
portfolio includes Ford and
Baker Hughes
(BHI)
.
More on Priceline
Must-See Charts: Citi, Intel, Priceline
|
Cramer's 5 Energy Plays Making a Killing
: Cramer sees opportunity in energy plays like
Johnson Controls
(JCI) - Get Johnson Controls International plc Report
that are making a killing! On
he said that with a huge replacement cycle happening in the commercial markets, he recommends looking at
Emerson Electric
(EMR) - Get Emerson Electric Company Report
, which reported its climate technologies business was up 29%. The
Cramer's 5 Energy Plays Making a Killing
portfolio includes
Power-One
(PWER)
and
United Technologies
(UTX) - Get n.a. Report
.
Cramer's Trinity Leadership Stocks
: Cramer thinks there's a trinity of leadership in the markets from oil, tech and bank stocks. In a
Aug. 2 blog post,
he wrote: "Speaking of banks, the move in banking seems like a breakout, too. Some people say that it is the
HSBC
(HBC)
quarter. I don't buy that. I think that this is another case of people saying that they want to play with cheap stocks, and these stocks are cheap
if
nothing else happens to them from Washington." The
Cramer's Trinity Leadership Stocks
portfolio includes
Chevron
(CVX) - Get Chevron Corporation Report
and
Intel
(INTC) - Get Intel Corporation Report
.
Cramer's 3 Stocks That Will Be Just Fine
: Recently, Cramer highlighted three stocks that he believes will be just fine. In a
July 30 blog post,
he wrote: "The selloff in
Akamai
(AKAM) - Get Akamai Technologies Inc. Report
is totally related to the need for the company to spend to expand, and I see no slowdown whatsoever. In fact, the introduction of high-def online will make it so that Akamai has a next generation of growth that would be nuts NOT to spend on." The
Cramer's 3 Stocks That Will Be Just Fine
portfolio includes
Acme Packet
(APKT)
and
Cavium Networks
(CAVM)
.
-- Written by Roberto Pedone in Winderemere, Fla.
RELATED LINKS:
>>"Fast Money" Portfolios of the Week
>>Must-See Charts: Citi, Intel, Priceline
>>Playing the Economic Indicators
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(Editor's note: At the time of publication, Cramer owned Intel, Johnson Controls, EMC and Cisco for his Action Alerts PLUS charitable trust.)
