Cramer's Autos & Aerospace Stocks HIt By Downgrades Portfolio - Stockpickr! Your Source for Stock Ideas

Cramer's Autos & Aerospace Stocks HIt By Downgrades

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Created by barrons2

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Date updated:06-26-2008

"You can't lose autos and aerospace. Yet that's what's happening." - Jim Cramer

UTX
United Tech
$67.97
-0.06%
$67.73

Yet that's what's happening. The devastating aerospace downgrade by Goldman yesterday had pin action galore, wrecking everything from United Tech (UTX) and Parker-Hannifin (PH) to BE Aerospace (BEAV). It took the whole frame down with it and made everything toxic.

People owning UTX also tend to own: PNRA SHFL SIRI XMSR CL HCBK JCP

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PH
Parker Hannifin C
$53.98
-0.61%
$53.41

People owning PH also tend to own: COP DE OGZPY.PK PBR PX RIO SID

TheStreet.com Rating: C+ What is this?

BEAV
Be Aerospace
$19.96
+0.15%
$19.66

People owning BEAV also tend to own: LVLT NWS AUY LIFC IVAC UTSI ARNA

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HON
Honeywell Intl In
$38.04
-0.55%
$38.01

It isn't like Honeywell (HON), which with a few days left in the quarter can come out defending itself. Goldman rolled a perfect strike.

People owning HON also tend to own: AA ALL APC BA BAC C CAT

TheStreet.com Rating: B- What is this?

GM
Gm
$0.00
N/A
$N/A

And now the bowlers are back for more with an equally devastating "sell everything" call based on GM (GM).

People owning GM also tend to own: CME ICE ISE SAM CBA TM MS

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LEA
$63.75
+0.39%
$63.75

Once again it is seamless: Lear (LEA) and Tenneco (TEN) get jettisoned too,

People owning LEA also tend to own: ABFS AIG AM AWH AWI CBS CNO

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TEN
Tenneco Inc
$15.23
-3.12%
$15.70

Once again it is seamless: Lear (LEA) and Tenneco (TEN) get jettisoned too,

People owning TEN also tend to own: CHTR TWX ADM DYN MWA SVU B

TheStreet.com Rating: D What is this?

VC
N/a
$0.59
0.00
$0.59

but you know that Visteon (VC) and American Axle (AXL) and Johnson Controls (JCI) and BorgWarner (BWA) -- the good ones! -- go down with the car.

People owning VC also tend to own: BMRN BVX CHTR COGO CRESY CROX CWTR

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