Cramer jumps back on the stock picking boat

Posted Jun 13th 2007 5:25PM by Jon Ogg
Filed under: Analyst Reports, Halliburton (HAL), Boeing Co (BA), Burger King Hldgs (BKC), Deere and Co (DE)

On today's STOP TRADING! segment on CNBC, Cramer had several key stock picks: Cramer said he loved the Burger King Holdings, Inc. (NYSE: BKC) interview earlier on CNBC because it went from a bad company to a good company. He thinks it can go higher and it may be a multi-year story. On oil services, the Oil Service HOLDRs (AMEX: OIH) is breaking out and Halliburton Co. (NYSE: HAL) is on its way to $40. Cramer said he has a large gainer between here and Friday going into options expirations date: Deere & Co. (NYSE:DE) and The Boeing Co. (NYSE: BA).

I was a little surprised on Burger King because Cramer has not been one of its greater supporters and shares are up more than 100% from the 52-week lows. The Boeing call is actually impossible to argue with, at least today or until long-term projections change. This morning Boeing released its 20-year outlook with a total market opportunity being in the $2.8 trillion range. Halliburton may go there, it may not, but that has been a consistent call and was one of his top 2007 Value Picks for what seems like an eternity ($35.75 today, $29.72 at Jan. 3, 2007).
.

Tags: BA, BKC, DE, HAL, OIH