Cramer's Stocks That Benefit From the Commercial Paper Plan
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Date updated:10-09-2008

"As an old commercial paper seller, I can tell you that it is ridiculous that the companies with the best balance sheets can't access this market. That's why I think it is important to see that the only paper the Fed is buying is from top-rated companies. We need to take funding problems for the best companies off the table." - Jim Cramer

symbol name last price % change open
  • +
  • GE
    Gen Electric Co
  • $15.94
  • -1.48%
  • $15.49

It matters for companies like GE (GE) with its AAA-rated balance sheet and good commercial paper that nobody's interested in, even if it makes no sense that they aren't.

People owning GE also tend to own: AIGAXPDELLIBMINTCMSFTAAPL

TheStreet.com Rating: C What is this?

  • +
  • GS
    Goldman Sachs Grp
  • $164.16
  • -2.82%
  • $164.27

And it is not clear, but it would be important if banks like Goldman Sachs (GS) can issue commercial paper and sell it to the Fed. We could use that, too.

People owning GS also tend to own: AOBCOGOCRYPGELGLWGRMNMDRX

TheStreet.com Rating: C What is this?

  • +
  • HON
    Honeywell Intl In
  • $38.48
  • -1.61%
  • $38.15

But it is the finance model, the GE finance model, that this really helps. It is worth pointing it out because, again, anything that takes the Great Depression off the table -- including the ability for finance companies to, well, finance -- is very important. That means Honeywell (HON), Eaton (ETN), Parker-Hannifin (PH), United Tech (UTX) all should be doing better here, as well as Caterpillar (CAT) and Deere (DE), which have an ability to issue.

People owning HON also tend to own: AAPLAIGAPDBABACBAXC

TheStreet.com Rating: B- What is this?

  • +
  • ETN
    Eaton Cp
  • $64.27
  • -1.74%
  • $63.44

But it is the finance model, the GE finance model, that this really helps. It is worth pointing it out because, again, anything that takes the Great Depression off the table -- including the ability for finance companies to, well, finance -- is very important. That means Honeywell (HON), Eaton (ETN), Parker-Hannifin (PH), United Tech (UTX) all should be doing better here, as well as Caterpillar (CAT) and Deere (DE), which have an ability to issue.

People owning ETN also tend to own: ABXBABACBHPCCHKCHL

TheStreet.com Rating: B- What is this?

  • +
  • PH
    Parker Hannifin C
  • $53.57
  • -2.64%
  • $53.29

But it is the finance model, the GE finance model, that this really helps. It is worth pointing it out because, again, anything that takes the Great Depression off the table -- including the ability for finance companies to, well, finance -- is very important. That means Honeywell (HON), Eaton (ETN), Parker-Hannifin (PH), United Tech (UTX) all should be doing better here, as well as Caterpillar (CAT) and Deere (DE), which have an ability to issue.

People owning PH also tend to own: COPDEOGZPY.PKPBRPXRIOSID

TheStreet.com Rating: C+ What is this?

  • +
  • UTX
    United Tech
  • $67.20
  • -1.62%
  • $66.93

But it is the finance model, the GE finance model, that this really helps. It is worth pointing it out because, again, anything that takes the Great Depression off the table -- including the ability for finance companies to, well, finance -- is very important. That means Honeywell (HON), Eaton (ETN), Parker-Hannifin (PH), United Tech (UTX) all should be doing better here, as well as Caterpillar (CAT) and Deere (DE), which have an ability to issue.

People owning UTX also tend to own: BMYBNSCLXCVXDDDEIBM

TheStreet.com Rating: B What is this?

  • +
  • CAT
    Caterpillar Inc
  • $57.45
  • -2.69%
  • $57.04

But it is the finance model, the GE finance model, that this really helps. It is worth pointing it out because, again, anything that takes the Great Depression off the table -- including the ability for finance companies to, well, finance -- is very important. That means Honeywell (HON), Eaton (ETN), Parker-Hannifin (PH), United Tech (UTX) all should be doing better here, as well as Caterpillar (CAT) and Deere (DE), which have an ability to issue.

People owning CAT also tend to own: AAALLAPCBABACCCBH

TheStreet.com Rating: C+ What is this?

  • +
  • DE
    Deere Co
  • $52.36
  • -2.50%
  • $51.86

But it is the finance model, the GE finance model, that this really helps. It is worth pointing it out because, again, anything that takes the Great Depression off the table -- including the ability for finance companies to, well, finance -- is very important. That means Honeywell (HON), Eaton (ETN), Parker-Hannifin (PH), United Tech (UTX) all should be doing better here, as well as Caterpillar (CAT) and Deere (DE), which have an ability to issue.

People owning DE also tend to own: CCATFNMFREGEKOLLY

TheStreet.com Rating: C What is this?

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