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Thursday, October 05, 2006

Cramer: Buy Altria (MO) and Kraft (KFT)

Cramer said he found the next Sherwin Williams (SHW) turnaround and Cramer said Altria (MO) is the next Sherwin Williams. Cramer said MO is one he has noted many times, but this ruling from the judge that certified the classes was a ruling that should get thrown out in a hurry. He said it will pop back to $85.00 when that happens, and he even noted "very soon."

He thinks this is a $100 stock masquerading as a $78 stock.

He also thinks it will bust itself up into 3 units soon.

Cramer also said he thinks that Kraft (KFT) will run with the horses.

Jon C. Ogg
October 5, 2006
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