March 21st - HAYN NVO

Cramer started out talking about the final third of the market that has bottomed after the defensive plays and financials after the Fed took out the fear of more rate hikes in the near future. He listed several sectors (minerals, oil/gas) and listed some big name stocks that are now in play. He recommended HAYNES INTL INC (HAYN)

Closing Price: $67.86
After Hours High and Most Recent: $69.80
Percent Increase: 2.9%
Days to Cover:
Short %: %
% Held by Insiders: %
% Held by Institutions: %


The price is above the top bollinger band and the price was already near overbought levels. The top band is at $69, so we are well above that now, so I do expect some decline from this point tomorrow, but given the price of the stock, short history, and possible market enthusiasum from the Fed comments I'm not overly interested in shorting.

Cramer's next recommendation was Novo Nordisk A/S (NVO)

Closing Price: $88.71
After Hours High: $89.86
Percent Increase at High: 1.3%
After Hours Most Recent: $89.78
Percent Increase at Most Recent Price: 1.2%
Days to Cover: 4.7
Short %: %
% Held by Insiders: %
% Held by Institutions: %
50 Day Moving Average: $86.37
200 Day Moving Average: $75.37

Nearly a $90 stock which is up only 1% after hours so there is limited downside here to play in my opinion.