3. Carpenter Technology ( CRS) manufactures specialty metals. It provides material to the aerospace, industrial, energy, medical, consumer products and automotive industries.

For the first quarter of fiscal 2012, CRS reported net sales of $414.1 million, up 18% from the same period in 2011. The company registered gross profit of $81.1 million, up 62.9%. Net income increased by 213%.

For fiscal 2012, CRS targets 50% increase in operating income, excluding non-cash pension expense, vs. fiscal 2011.

In December 2011, the company announced that it has agreed to acquire the assets of ARwin Machining Plus for approximately $1.4 million.

Of the 10 analysts covering the stock, six recommend a buy and three rate a hold. Analysts' average 12-month price target for the stock is $65.40, about 16.8% higher than the current price, according to Bloomberg.

If you liked this article you might like

Nucor Is a 'Pounding-the-Table' Buy Here, Jim Cramer Says

Oil Refiners Are Rebounding: Cramer's 'Off the Charts'

New Relic: Cramer's Top Takeaways

Ventas Medical REIT: Cramer's Top Takeaways

When it Drops, it's Time to Shop: Cramer's 'Mad Money' Recap (Tuesday 9/12/17)