Back in December, Stephanie Link, Director of Research for Cramer's Action Alerts Plus Portfolio, recommended three names for 2009 that they were looking at but didn't own. Click on this video to see if Stephanie still likes these stocks and how to buy them.

First is ITT Corporation ( ITT). It has two strong businesses, a defense unit and a water and waste unit. Stock looked promising for 2009 with Obama's commitment to troops to Afghanistan as well as a big infrastructure plan. The company also lowered its 2009 guidance.

Winner or Loser?

The company reported a solid quarter back in early February topping consensus estimates. Its fourth-quarter full year 2008 net income grew 17.2% to $185.50 million. Sales and revenues also grew 16.5% to $2.95 billion with a strong showing from its Defense Electronics and Services unit. The company reiterated its 2009 earnings outlook. ITT also increased its cash dividend for the first quarter of 2009 to $21.25 a share. Business does not seem to be slowing. The company was recently rewarded several contracts in the U.S and abroad totaling almost $250 million.

Next is blue chip IBM ( IBM). The company has $10 billion in cash and diverse product line up. It has a defensive business model and is poised for a turnaround once IT spending increases. The stock is attractive as it trades near its 20-year low.

Winner or Loser?

Ever since Link recommended IBM, the company has given better than expected EPS 2009 guidance. IBM is growing in emerging markets and carried a cash balance of $13 billion at the end of 2008. Company has also been repurchasing shares.

Lastly is Home Depot ( HD). Between low mortgage rates, a 40% correction in home prices and record low inventories, Link and Cramer predicted a housing bottom in mid to late 2009 and HD as the recovery play. The company also underwent massive internal improvements as well as a restructuring program.

Winner or Loser?

In the recent quarter, Home Depot beat EPS by 4 cents and gross and operating margins fell less than expected. Expectations for 2009 are low but the company continues to grow outside of the U.S. with positive comps in China, Canada and Mexico. The stock is down 38% from its high, is the industry leader and yields 4.7%.

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Alix joined TV in February 2007. Previously, she held positions in film and theater production, management, and legal administration. Alix has a degree in communications and theater from Northwestern University.