Cramer's Russian Stock Picks
8936 views
Rate Now: 1 2 3 4

average rating: 0.00 / 0 ratings
Created by barrons2
DESCRIPTION:

Date updated:04-12-2008

The former Warsaw Pact countries have turned themselves around, Jim Cramer told viewers of his "Mad Money" TV show Monday. While many investors may think of Russia just in terms of its vast natural resources, Cramer noted that many sectors of the Russian economy are now "on fire."

symbol name last price % change open
  • +
  • MTL
    Mechel Oao Ads
  • $20.21
  • +3.11%
  • $19.80

According to Cramer, the way to play the newly ignited Russian economy is with steelmaker Mechel (MTL), one of the "one of the best international steel plays around." He said the company is seeing strong demand not only from inside Russia, but also from China and the Middle East.

People owning MTL also tend to own: ACHGMRNSHPCUPHIPTNRSBGI

TheStreet.com Rating: C What is this?

  • +
  • WBD
    Wimm Bill Dann Ad
  • $74.35
  • -0.69%
  • $76.72

WBD fits that bill: The company currently commands a 34% marketshare of dairy products in Russia and is the No. 2 producer of baby foods and No. 3 producer of juice products in the country. Cramer says it still has plenty of room to grow as most of Russia is still underpenetrated with the company's offerings. He cited an article in Tuesday's Wall Street Journal, which speculated that food giant Nestle may be a potential acquirer of WBD. "This company is a legitimate takeover target," he said. Cramer also took note of WBD's low valuation. The company currently trades at only 18.5 times its forward earnings, but has a 35% long-term growth rate.

People owning WBD also tend to own: ACFATWAXEBGCBIDCAMCLB

TheStreet.com Rating: C+ What is this?

  • +
  • CTCM
    Ctc Media
  • $16.78
  • -0.59%
  • $17.08

The best way to play that market is CTC Media (CTCM), the fourth largest television broadcaster in Russia, according to Cramer. CTC Media, he says, owns 32 TV stations and is aggressively growing through acquisitions, taking advantage of cost savings along the way. The broadcasting company commands 11.8% of the national audience in Russia, and many of its stations enjoy strong ratings. Cramer notes CTC Media's current valuation as another reason to own the company. CTC has a 30% long-term growth rate, but trades at just 18 times expected 2008 earnings.

People owning CTCM also tend to own: BAMCHKCHLGILDGOOGGROWPG

TheStreet.com Rating: C What is this?

  • +
  • CEDC
    Central European
  • $32.22
  • +2.22%
  • $31.59

CED is also the largest beverage distributor in both Poland and Hungary and is making a successful push into the Russian vodka market. Cramer says now is the time to invest in CED since it's still early in the company's story. He notes that none of the seven analysts who cover the stock are from a major bank, making the stock virtually invisible to Wall Street. "Hardly anyone knows about this company," he said. The company currently trades at 22 times expected 2009 earnings, but sports a 24% long-term growth rate. "This stock is going a lot higher once people sit up and take notice," he said.

People owning CEDC also tend to own: AMEDATPGBBDBLUDCBSTCRDNDIOD

TheStreet.com Rating: C+ What is this?

  • +
  • CETV
    Central European
  • $28.85
  • +1.66%
  • $29.00

CETV is up 61% since he first recommended it on Nov. 29, 2005. Cramer is reiterating his buy, citing the company's stellar fourth-quarter results, in which it posted a 41% increase in revenues. The company trades at just 16.8 times expected earnings, but has a long-term growth rate of 31%. "I call a stock cheap when the company has good fundamentals and it trades at a multiple below its growth rate," said Cramer. "Get into CETV while it's cheap," he continued.

People owning CETV also tend to own: HDTVMRVLAAPLGOOGBUDCRYPPNK

TheStreet.com Rating: D What is this?

Portfolio not tracked!

Comments not available

ADD YOUR COMMENTS:

Jim Cramer's Portfolios of the Week

By Roberto Pedone According to Jim Cramer, investors shouldn’t read too much into Thursday’s market action. He reminded investors that the market has gone up for six...

11.13.09 | 12:48 PM
'Fast Money' Portfolios of the Week

By Roberto Pedone Posted on Nov. 12, 2009 According to CNBC’s “Fast Money” traders, stocks continued to move higher this week, maintaining their strength off the ...

11.12.09 | 11:44 AM
Squeezing the Shorts: Large-Cap ...

By Jonas Elmerraji Posted on Nov. 11, 2009 Recently we put our short-squeeze focus on smaller stocks; this week we’re going large-cap. With higher trading volumes, mo...

11.11.09 | 15:19 PM
Dividend Stocks for the Week

By Jonas Elmerraji Posted on Nov. 10, 2009 After six straight days of gains, the markets are taking a breather today, which gives us the chance to focus our attention b...

11.10.09 | 15:04 PM
more articles
General market Technical Analysi...
11.14.07 | 22:55 PM From author ZA
Wealth distribution by race and ...
11.23.08 | 18:44 PM From author Valerie J
The Presidential/Political Thread
01.02.08 | 08:05 AM From author Dave Cox
Full Disclosure
11.09.08 | 12:30 PM From author alchemist
more forums
today 's lists
Biggest % Losers

Here is the stock list of some of the largest % losers from Nov. 13, 2009. more

Stocks With Unusual Option Activity

Unusually active options can often indicate that a major event in a stock is about to take place, or that unsophisticated investors (using options in lieu of leverage) are ... more

Dogs of the Dow

Here are the 10 stocks in the Dow Jones Industrial Average stocks with the highest yields as of the market close on June 2, 2009. more