Mad Money Mailbag: Think Lumber for a Katrina Play
Editor's Note: The following are questions received from viewers of "Mad Money," seen every day at 6 p.m. EDT on CNBC.
What is your take on USG (USG) , or any other companies that produce interior building products, in the wake of the hurricane?-- Marty from Ohio
James J. Cramer:
In my opinion, the best way to play the rebuilding from the storm damage is through the lumber industry.
The sector, which has struggled for many years, is running shortages at the retail level because of the recent spike in demand.
My favorite names in this space include
Plum Creek Timber
(PCL)
,
Weyerhaeuser
TheStreet Recommends
(WY)
and
Georgia-Pacific
(GP)
.
If you could add either Qualcomm (QCOM) or Ericssonundefined to your portfolio, which would you choose?-- Tony from California
James J. Cramer:
Call me biased, but I'd choose Qualcomm, which I already own for my charitable trust,
ActionAlertsPLUS.
The company may not directly manufacture mobile phones anymore, but its CDMA technology is behind the white-hot 3G technology that is driving the latest round of handset upgrades.
