Another pick that Cramer gave on CNBC’s MAD MONEY tonight as the "escape from the dollar and the U.S. consumer" and corporate refugee series is:
- Textron (NYSE:TXT) now at 40% of international sales coming from overseas and its exposure is still growing.
When Cramer read about Honeywell (NYSE:HON) he learned about a major aircraft spending coming more and more, and the Honeywell sales will help Textron as international demand for business jets will be more than in the US. This will yield a fleet expansion or replacement phase of 38% and they want the Cessna planes from Textron. The new military business budget also comes out tomorrow. Textron could be a takeover target based upon its forward business that a foreign company could acquire.
Last night Cramer said Best Buy (NYSE:BBY) was the winner taking the weak dollar into its own hands.
Jon C. Ogg
September 25, 2007
Essential Tips for Investing: Sponsored
A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.
Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Editors' Picks
