Jim Cramer's Stop Trading! Go for Gear

He likes JDSU, MRV and others.

Author:: TheStreet.com Staff
Publish date:: Mar 24, 2006 3:43 PM EST

Lucent

(LU)

Alcatel

(ALA)

merger could spawn a wave of takeovers in the telecom equipment space, Jim Cramer said on

CNBC's

"Stop Trading!" segment Friday.

Cramer said possible winners could be

JDSU

(JDSU)

Corning

(GLW) - Get Report

MRV Communications

(MRVC)

Finisar

(FNSR) - Get Report

Avanex

(AVNX)

and

Mindspeed

(MSPD)

Cramer was very wary of

CMGI

(CMGI)

, which he called a former "house of pain."

Cramer's favorite homebuilder remains

KB Home

(KBH) - Get Report

, which he recommended buying after next week's

Fed

meeting. In the energy space, he named

Quicksilver

(KWK)

Devon Energy

(DVN) - Get Report

and

Houston Exploration

(THX)

as natural gas "catch-up" plays.

Cramer predicted shorts would get hurt on

Countywide Financial

(CFC)

, whose managers should be able to navigate more rate hikes.

At the time of publication, Cramer was long Countywide Financial.

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

Action Alerts PLUS. Listen to Cramer's RealMoney Radio show on your computer; just click

here. Watch Cramer on "Mad Money" at 6 p.m. ET weeknights on CNBC. Click

here to order Cramer's latest book, "Real Money: Sane Investing in an Insane World," click

here to get his second book, "You Got Screwed!" and click

here to order Cramer's autobiography, "Confessions of a Street Addict." While he cannot provide personalized investment advice or recommendations, he invites you to send comments on his column by

clicking here.

TheStreet.com has a revenue-sharing relationship with Traders' Library under which it receives a portion of the revenue from Traders' Library purchases by customers directed there from TheStreet.com.