Cramer's Three Stocks The Market Has Unfairly Beaten Up
9674 views
Rate Now: 1 2 3 4

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

Date updated:08-14-2008

"These are not dot-coms. There is some worth here. But nobody cares. One day they will. The trick is to remain alive and in the game until they do, because we know, from the banks, that when they turn, and they will turn because their businesses are, long term so excellent and steady, you will not be able to get into them. You will, by nature, be too late. Sometimes you have to lose some big money to make some bigger money. That's how I feel about these stocks at these levels." - Jim Cramer

symbol name last price % change open
  • +
  • FLR
    Fluor Cp (new)
  • $43.07
  • -2.34%
  • $42.74

Fluor, first of all, guided up very big, one of the biggest I have seen, so for this stock to be down 10% seems absurd. Foster Wheeler now trades at less than one time its backlog, a solid backlog put on mostly when oil was substantially lower, so there is almost no chance of cancellation.

People owning FLR also tend to own: AMTAYECCICHTEGNEQTETR

TheStreet.com Rating: B- What is this?

  • +
  • FWLT
    Foster Wheeler Ag
  • $30.35
  • -3.34%
  • $30.15

Foster Wheeler (FWLT), Fluor (FLR) and McDermott (MDR) are in free fall, and while I was disappointed in McDermott's earnings, I am miffed that FWLT and FLR, which had really great backlogs and earnings, can't get any support at all here.

People owning FWLT also tend to own: ABKBBDCFCDEFCXFREHES

TheStreet.com Rating: C+ What is this?

  • +
  • MDR
    Mcdermott Int Pan
  • $21.01
  • -2.64%
  • $20.58

Foster Wheeler (FWLT), Fluor (FLR) and McDermott (MDR) are in free fall, and while I was disappointed in McDermott's earnings, I am miffed that FWLT and FLR, which had really great backlogs and earnings, can't get any support at all here.

People owning MDR also tend to own: GESITGSTHJF.PKBRCMFXIACHASTI

TheStreet.com Rating: C What is this?

  • +
  • NOV
    Natl Oilwell Varc
  • $43.30
  • -3.52%
  • $43.01

It is also how I feel about National Oilwell Varco (NOV), with an order book that, again, is the envy of the industry and, again, just needs natural gas above $7 and oil about $70 to make the numbers for at least the next three years. Unfortunately, the pain of sticking with stocks like Fluor and Foster and National Oilwell is beyond the ken of most mortals.

People owning NOV also tend to own: AHMAIZALBAMPAVTAXCABBI

TheStreet.com Rating: B- What is this?

 

Start Price

Return Value

Start Date
FLR 70.17 -38.62% Sep 4th
FWLT 44.09 -31.16% Sep 4th
MDR 28.85 -27.18% Sep 4th
NOV 63.24 -31.53% Sep 4th

Average return:

 -32.12%

Success rate:

 0%

Tracking Started: 09-04-2008

Comments not available

ADD YOUR COMMENTS:

latest articles | popular forums
Jim Cramer's Portfolios of the Week

By Roberto Pedone Posted on Nov. 27, 2009 According to Jim Cramer, investors need to know the four enemies of all bull markets. On Wednesday’s “Mad Money” TV show...

11.27.09 | 13:36 PM
'Fast Money' Portfolios of the Week

By Roberto Pedone Posted on Nov. 27, 2009 According to CNBC’s “Fast Money” traders, the adjustment in the third-quarter GDP figure released on Tuesday from an exp...

11.27.09 | 12:22 PM
Black Friday Short-Squeeze Oppor...

By Jonas Elmerraji Posted on Nov. 25, 2009 With Thanksgiving fast approaching, retailers have one thing on their collective minds: Black Friday. After all, the day, whi...

11.25.09 | 13:33 PM
Dividend Stocks for the Week

By Jonas Elmerraji Posted on Nov. 24, 2009 Don’t dismiss dividends right now. While stocks may have made significant strides in the rally that’s taken hold of the m...

11.24.09 | 11:36 AM
more articles
Full Disclosure
11.09.08 | 12:30 PM From author alchemist
General market Technical Analysi...
11.14.07 | 22:55 PM From author ZA
Oprah Winfrey and the Bear Market
11.29.09 | 01:38 AM From author graspthemarket
The YouTube Exchange
07.22.09 | 17:45 PM From author Rawbrrt
more forums
recent answers | popular answers
bubble(0)
Q. geoy
11.29.09 | 06:25 AM Asked by Mrgrateful
show all recent stockpickr answers
today 's lists
Biggest % Losers

Here is the stock list of some of the largest % losers from Nov. 27, 2009. more

Analyst Upgrades

Analyst Upgrades or Estimate Increases for Nov. 27, 2009. Read more here. more

Rising on Unusual Volume

Here are some stocks that moved up on unusual volume on Nov. 27, 2009. more

show all today's lists