Cramer's Wild Bull Infrastructure Plays
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Date updated:06-05-2007

On Tuesday's "Mad Money" TV show, Jim Cramer took viewers to the six "wild bull markets."

Right now, he said, the Federal Reserve is on hold, and the economy, while "anemic," is not in a recession. And during economic weakness, the wild bull markets should be the first to recover, Cramer explained. Right now there are six wild bull markets.

Perhaps the "wildest" of all the wild bull markets, the infrastructure space, has two stocks in particular that Cramer said he likes.

symbol name last price % change open
  • +
  • FWLT
    Foster Wheeler Ag
  • $32.54
  • -0.34%
  • $32.27

The two cheapest infrastructure plays, "even after their enormous runs," are Foster Wheeler (FWLT) and McDermott (MDR), he said. Cramer, who called both stocks before their big runs, believes that they still have room to go higher. These two stocks, he said, are cheap because of the fact that they have minimal analyst coverage. From 6-5-07: Occidental (OXY) says last week that it is going to spend more on capital expenditure-type items, including the petrochemical complex. That's Foster Wheeler (FWLT), again.

People owning FWLT also tend to own: AIGBACCPWRDISGSHAL

TheStreet.com Rating: C+ What is this?

  • +
  • MDR
    Mcdermott Int Pan
  • $23.59
  • -2.36%
  • $24.62

The two cheapest infrastructure plays, "even after their enormous runs," are Foster Wheeler (FWLT) and McDermott (MDR), he said. Cramer, who called both stocks before their big runs, believes that they still have room to go higher. These two stocks, he said, are cheap because of the fact that they have minimal analyst coverage.

People owning MDR also tend to own: GESITGSTHJF.PKBRCMFXIACHASTI

TheStreet.com Rating: C What is this?

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