May 9th - ACO

Cramer's first pick was ACO Amcol International Corp.

Closing Price: $31.00
After Hours High: $32.51
Percent Increase at High: 4.9%
Price Level Off Point: $31.88
Percent Increase at Level Off Point: 2.8%
Trades on NYSE
Sector: Industrial goods

Not that it necessarily matters, but this hit a new 52-week high in the after hours market and was also up nearly $1.00 today. Industrial goods haven't been great shorts in my research. The average drop from the peaks from the next day of trading is only 2.8%. EDO, a stock Cramer has mentioned recently and traded at a similar price point peaked at 10:44am the next day and went from $27.34 to $26.65, a 2.5% drop, which I would be happy to catch of course. This trades with oil stocks a bit so check the price of oil to help get an idea if this will have that helping it go up or down.

Cramer's second pick was from France, so not something that can be shorted.

Cramer's third segment looked at NOC Northrop Grumman Corp and LMT Lockheed Martin Corp. They both trade north of $60 so don't made for great shorts. They are also both Industrial Goods stocks, like the first pick. GD, another Industrial Goods pick Cramer had that was $68 at the time had only a small drop from its peak of 0.8%.


And just a heads up. Cramer is going to Columbia University next Tuesday for a show. Last time he went to Michigan (on a Tuesday) he had a repeat show on the Monday. Now, Cramer only has so many shows that he will use as a repeat show because he doesn't want to show repeats that aren't current enough and might hurt people since people will buy no matter what. If you are quick on the ball you might be able to take advantage of this and buy some of his picks before he mentions them and sell into the spikes. Just a thought.