He said that even though the automaker's "up against two subsidized competitors,"
, he thinks it could "actually do pretty well."
He also sees a "great opportunity" in
. "I would be buying Boeing this week ahead of the air show," he said.
is Cramer's "speculative stock of the year," and he said he thinks "there's a chance for a double." It sells at 3.5 times earnings and has a good balance sheet, he said, and the company's "writing loans like mad," because colleges prefer to deal with Sallie Mae than with the government.
"SLM must be bought here," he said.
As for retail stocks, Cramer said investors "want to go with" the
. "Do not overthink this issue. Those are the ones that work," he said.
has had a "tremendous wave up" and is experiencing "a little profit-taking," said Cramer. "If you think the dollar's going to get weaker, as I do, you want to own Boeing and you want to own McDonald's," he said. "Those are the two big-cap names to own."
He said that
is "a great stimulus play," as are
. The stimulus "is going to put money in people's pockets," he said, and the "money's going to go to retailers."
At the time of publication, Cramer was long Home Depot.
Jim Cramer is a director and co-founder of TheStreet.com. He contributes daily market commentary for TheStreet.com's sites and serves as an adviser to the company's CEO. Outside contributing columnists for TheStreet.com and RealMoney.com, including Cramer, may, from time to time, write about stocks in which they have a position. In such cases, appropriate disclosure is made. To see his personal portfolio and find out what trades Cramer will make before he makes them, sign up for
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