Cramer loves Allegheny and slaps Lee Scott of Wal-Mart

Posted Jan 29th 2007 4:10PM by Jon Ogg
Filed under: Analyst Reports, Wal-Mart (WMT), Kroger Co (KR), Allegheny Technologies (ATI)

On today's STOP TRADING! segment on CNBC, Cramer said The Kroger Co. (NYSE:KR) is a play. With Kroger at $29 after a B of A upgrade said it could beat for years to come. The case against Wal-Mart Stores, Inc. (NYSE:WMT) is so fabulous that everyone wants in. He commented that when Lee Scott is finally dethroned, this wouldn't necessarily happen, but now the store is not what it once was. Lee Scott was one of 24/7 Wall St.'s TOP CEO's THAT HAVE TO GO from December.

Cramer adores Allegheny Technologies Inc. (NYSE:ATI). He said this one is in the sweet spot and it is positioned to work every single aspect of the economy and its metal will stand up to corrosive effects of ethanol.

If you want to know why Cramer was out Friday night, it looks like he fractured his foot.

Jon Ogg is a partner in 24/7 Wall St., LLC; he does not own securities in the companies he covers.

Tags: Allegheny, Allegheny Tech, AlleghenyTech, CNBC, Cramer, Kroger, STOP TRADING, Wal Mart, WalMart