Cramer Likes Toyota as the Best Foreign Stock

Tonight Cramer on his MAD MONEY show on CNBC added his last of his foreign legion picks for US investors.  Toyota Motor (TM-NYSE/ADR) is his favorite foreign stock.  He also owns it in his charitable trust.  He thinks it is killing Ford and GM.  Keep in mind that Cramer has been touting Toyota for some time now and very negative on US-auto makers.   He likes the copper buy to lower costs and doesn’t care about the recalls last weekend causing a $4 drop.  He has discussed this one so much that it is only up 0.4% at $132.20 after-hours.

Here were his earlier picks from the three evenings this week:

#5 was NTL Inc. (NTLI) for its lagging cable performance and coming Triple Play under Virgin.  Here was the logic behind his call.

#4 was CVRD (RIO); here is the logic behind his pick

#3 was Bank of Nova Scotia (BNS) in Canada, he calls it a cheap way to play Latin and Caribbean growth.   

#2 was Diageo (DEO), and here’s what he likes about the spirits maker.

Jon C. Ogg
January 25, 2007