Cramer's Best of Breed Texas Stocks
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Date updated:03-22-2007

From Cramer's Mad Money show at Univ. of Texas at Austin.

"Everything's bigger in Texas, so I knew I had to come here with four big stocks based in Texas," Jim Cramer stated. These best-of-breed Texas stocks are all "trading at a discount" and have been "dissed by the Wall Street moneymen," he said. "I would buy them right here, right now."

Here are his 4 Best of Breed Texas Stocks.

symbol name last price % change open
  • +
  • JCP
    Penney J C Co Hol
  • $28.74
  • -2.81%
  • $29.76

The first of Cramer's Texan picks was J.C. Penney (JCP), which he called "the best, most consistent retailer in the country." J.C. Penney recently admitted that it has to alter its product mix, and since then it has taken almost a 10% hit, Cramer went on to say. "It has been hammered," he said. "It's ridiculous."

People owning JCP also tend to own: AAPLADBEBBYCMCSAGOOGMDTORCL

TheStreet.com Rating: C What is this?

  • +
  • RIG
    Transocean Ltd
  • $85.39
  • +0.57%
  • $84.63

Pick No. 2 was Transocean (RIG), which he owns for his charitable trust. "RIG's a driller, and it's my favorite," Cramer said. The company has very little exposure to the weak markets of the Gulf of Mexico and Canada drilling, he said. "RIG is the biggest in the game and among the cheapest."

People owning RIG also tend to own: ABKBBDCFCDEFCXFREFWLT

TheStreet.com Rating: B- What is this?

  • +
  • XTO
    Xto Energy Inc
  • $42.44
  • +0.69%
  • $41.88

Another name from the oil sector and also a part of Cramer's Texas-based stock list was XTO Energy (XTO). He called XTO a "great" company that not only knows how to get the most out of its reserves, but also has proven that it knows how to trade oil as well. "I would buy it aggressively," Cramer said.

People owning XTO also tend to own: AAPLAPAAUYBPCCMECOP

TheStreet.com Rating: B What is this?

  • +
  • TIN
    Temple Inland Inc
  • $17.99
  • +0.90%
  • $17.76

The final and his favorite of the four was Temple-Inland (TIN), he said. This company has finally realized that it needs to break up its operations and is going for it, Cramer said. "I see 27 points of upside here."

People owning TIN also tend to own: AAPLBACCATCLBETRFPL

TheStreet.com Rating: C What is this?

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