RealMoney Radio Mailbag: Titanium's Strong Suit
Editor's note: The following are questions received from listeners of "RealMoney Radio." To send Cramer a question about topics from his radio show, click here. Listen to Cramer's latest radio show by clicking here.
I hear that titanium demand is very strong these days. Do you have any titanium stocks?-- Ken from Arizona
James J. Cramer:
I have been recommending
Allegheny Technologies
(ATI) - Get Allegheny Technologies Incorporated Report
on my "Mad Money" television show for some time now. It supplies titanium to aircraft builders like
Boeing
(BA) - Get Boeing Company Report
TheStreet Recommends
, which I own for my
Action Alerts PLUS charitable trust.
Allegheny only gets about 16% of its revenue from titanium now, but that number may go up big time as it brings production capacity back online and demand continues to ramp up.
Jim, do you still like Biocryst (BCRX) - Get BioCryst Pharmaceuticals, Inc. Report?-- Mike from New York
James J. Cramer:
I have been saying that investors who bought Biocryst when I was recommending it that I think the time is right to take the money and run.
These types of extreme moves by small biotech/pharma plays can reverse themselves very easily, and Biocryst still has a lot to prove, products-wise.
Want more Cramer? Check out Jim's rules and commandments for investing from his latest book by
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