On today’s STOP TRADING segment on CNBC, Cramer noted potential takeover and rumor names.

He says to Buy Reliance Steel (RS) after it went up today from US Steel (X) acquiring Lone Star (LSS).

GlobalSanta Fe (GSF) is one that may be acquired by Seadrill.  Cramer thinks it is willing to be consolidated. He thinks this one is cheap.

Cramer noted on Tata Motors (TTM) the Indian car maker on the downgrade today, Cramer doesn’t care if Morgan Stanley cut it.  He thinks it is a secular growth story.

RadioShack (RSH) was also noted positively for its CEO.

On Denny’s (DENN), he still thinks it is going up after a value manager noted it earlier today.

Jon C. Ogg
March 29, 2007