Jim Cramer made 2 significant company buyout calls on CNBC just a few minutes ago: He noted that Alcoa (AA) will not be public this time next year, as he thinks it will go private. He doesn’t thinK that Honeywell (HON) will be public this time next year either, as there is little reason for them to be their own company any longer.
Cramer really keyed in on CHINA GOING NUCLEAR POWER this weekend, although a lot of this has been known by those following the Uranium trades. He noted that Cameco (CCJ) will go higher even though they don’t know what they are doing. Cramer noted this was good for McDermott (MDR) and Foster Wheeler (FWHL).
The real beneficiary from this si the one he didn’t note: Shaw Group (SGR) up 15% after winning the construction for these plants in China with a Westinghouse consortium.
Jon C. Ogg
December 18, 2006
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