Cramer’s 3 for the Money

Posted: January 3, 2007 at 2:48 pm

Cramer is back from vacation and already said Hallelujah! over Nardelli leaving Home Depot (HD) today and use the cash to buy Lowe’s (LOW).

Cramer noted 10% of the S&P is energy pulling the market down with oil down $2…..he also noted the downgrades hurting today.  Cramer said Goldman’s thesis on downgrading tech and others is just getting ahead of the exit crowd, but Cramer challenges that call.  He likes Seagate (STX) as a huge beneficiary of Vista and Cramer said he’d even buy Dell (DELL) because Vista will be so big.

Ralph Lauren (RL), Fortune (FO), and Johnson Controls (JCI) are the three-for-the-money picks Cramer is offering.

Jon C. Ogg
January 3, 2007

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