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Friday, September 29, 2006

September 29th - DOW and Defense

Cramer live from Georgetown University came out and recommended 5 DOW stocks and they were:

Altria Group Inc. (MO)
McDonald's Corp. (MCD)
Boeing Co. (BA)
American International Group Inc. (AIG)
Hewlett-Packard Co. (HPQ)

These of course are all big name companies that are listed on the DOW. There was some after hours action in them but nothing substantial, which is not really surprising. No opportunities here in my opinion. I will say that it does appear Cramer likes to play it safe with the back to school tour and doesn't want to get the young investors sinking their money into a speculative stock.

Next Cramer looked at some military defense stocks and recommended the following:

Lockheed Martin Corp. (LMT)
General Dynamics Corp. (GD)
Raytheon Co. (RTN)
L-3 Communications Holdings Inc. (LLL)
CACI International Inc. (CAI)

All very expensive stocks with limited price increases after hours. Once again, not to exciting from the short side here.

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