NEW YORK (TheStreet) -- German companies have purchased American companies Dresser-Rand (DRC , Sigma-Aldrich (SIAL and TRW (TRW in the last 72 hours, and TheStreet's Jim Cramer says this is very important because these are large deals for proprietary American companies.
Sigma-Aldrich has a 25 price-to-earnings multiple and Cramer calls it a "fantastic long-term growth story." Cramer says Merck KGaA's (MRK - Get Report) bid for the life sciences company was unexpected.
Finally, the auto parts business "has been on fire for so long" that Cramer finds it hard to believe a company would buy TRW at these heightened levels. But it happened, and Cramer says the Germans are here and they will keep buying our stocks.DRC data by YCharts