On tonight’s MAD MONEY on CNBC, Jim Cramer discussed his TOP PICKS FOR 2007 as top stocks. He noted his runner ups in these too. Here is how they have done so far this year:
Altria (MO) down 1.6%
Level 3 (LVLT) up 3.4%
NYSE (NYX), the growth stock of the year, has done nothing.
Cramer said he is not cancelling any of these recommendations. In fact, Cramer said he thinks you can back up the truck. Out of the three, he thinks that NYX is the best one that has been under arbitrage pressure over the Euronext merger. That has now ended today since 91% of the holders approved the deal. Cramer thinks the analysts will have to chase this and then they will capitulate. He thinks you have to go in now beforehand. There is limited supply because the insiders didn’t sell their stock. Cramer said it is also a shoe-in to be added into the S&P 500 Index and it may fly with no stock supply upon the announcement. He thinks it can at least go back to $110 (its high).
If you want to see Cramer’s full list from earlier in the year here is the list with appropriate links through to see why he liked them (picks from early January):
Cramer’s 3 Top Speculative Picks for 2007:
1) Level 3 Communications (LVLT)
2) Rite Aid (RAD)
3) Savient Pharma (SVNT)
The Cramer Top 3 Growth Picks:
1) New York Stock Exchange (NYX);
2) Apple (AAPL);
3) Cisco Systems (CSCO).
The Cramer Top 3 Value Picks for 2007:
1) Altria (MO)
2) Goldman Sachs (GS)
3) Halliburton (HAL)
Jon C. Ogg
March 27, 2007
Jon Ogg can be reached at [email protected]; he does not own securities in the companies he covers.
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